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20% ROI Business Only, NO live onsite
$299,900
Caretaking management rights, Aspley QLD
Business Highlights:
- Business ONLY = High Return: Enjoy an impressive 20% ROI with a solid business-only model
- Caretaking ONLY = Huge potential: Build up your letting pool without the purchase and minimizing the risk of lost units
- Long agreement = High secure: The agreement remains nearly 21 years until 2046
- No Unit to Buy = No Onsite Living: Ideal for buyers seeking the business that without the requirement to live onsite.
- No office hour = Ultimate Flexibility: Manage your time with no fixed office hours required.
- Prime Location: Situated in the heart of a thriving northern suburb, offering strong growth and demand.
Call exclusive agent, Celine today for further information, opportunities like this dont last long!
More Information
- Total Purchase Price: $299,900
- Net Income: $ 60,927
(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: 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