BUSINESS ONLY - GARDEN CITY
$828,000
Permanent Management Rights, UPPER MOUNT GRAVATT QLD
Location, location....
A tremendous opportunity to invest in your future with this terrific residential Brisbane Management Rights business.
This attractive offering provides long term financial security via:
Over 20 years remaining on Management Agreements
Minimal Body Corporate common area facilities to manage and maintain
Only 5 years old
No Real Estate to purchase. On site office is secure via Occupation Authority
Fantastic lifestyle and business appeal. Rentals are much sought after with ever growing demand.
The modern apartment building is the ideal location for ultra convenient living. The peaceful street has a relaxed and serene vibe, while also being within walking distance from Westfield Garden City, the major busway, early learning centres, parks and more.
Jump on this opportunity today and call Bobo Qi to find out more.
More Information
- Total Purchase Price: $828,000
- Net Income: $ 128,916
()
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: undisclosed
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?