Prime Business Only Management Rights in Brisbane's Premier Suburbs
$1,245,000
Permanent Management Rights, TOOWONG QLD
Nestled within the Brisbane suburbs lies a unique investment opportunity, discreetly tucked away yet strategically positioned just 15 minutes apart. Comprising a combined total of 58 meticulously appointed apartments, with 43 units currently in the letting pool, this opportunity offers the allure of hassle-free management. Remarkably, there are no stringent office hours to adhere to, nor any requirement to purchase additional real estate. Caretaking duties are efficiently manageable, with only minimal facilities to oversee, complemented by a robust Body Corporate salary
More Information
- Total Purchase Price: $1,245,000
- Net Income: $ 0
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 0
The value of on-title property included with the business. Its price is included in the Total Purchase Price. - Multiplier: 0.0
Estimated number of years till the Net Income reaches the Purchase Price of the business component. Other factors such as lifestyle, workload, location and offering should always be considered ahead of the multiplier when evaluating a Management Rights business.
Number of units the manager is authorised to manage.
Number of units resided in by their owners.
Number of units owners are not renting out, but also do not live in.
Number of units being rented by other agents (these could potentially be acquired by the manager).
The total number of units within the complex.
This is the body corporate caretaker salary. It is included in the Net Income above.
How long is the caretaking contract.
How long remains on the caretaking contract before it must be renewed?
How long has the management rights existed.
Required Office Hours
The value of on-title property included with the business. Its price is included in the Total Purchase Price.
Is there a manager's office included on the title?
Can the manager own a pet on site?