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  • Management Rights Brisbane
  • Listing Photograph

ROCHEDALE - OFF THE PLAN

$1,446,900

Off the Plan Management Rights, ROCHEDALE QLD

85 new quality Townhouses to be built in booming Rochedale by this well known and respected Queensland developer, specialising in 'Off the Plan' Management Rights.

This complex is close to all amenities and ideally located approx. 20 mins from Brisbane CBD and 40 mins. from the Gold Coast, Rochedale is continuing to enjoy strong growth and demand from new residents.

Ground works have begun and construction is due for completion mid-2022.

A Body Corp salary of $102,000, projected Net Profit of $214,400 and new 25 year agreements are on offer for an experienced manager to take over from the start and grow this business.

More Information

Financial Overview

  • Total Purchase Price: $1,446,900
  • Net Income: $ 214,400 ()
    This is the combined total income acheived by the business after expenses, before tax.
  • Included Real Estate: $ 745,900
    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.

Letting Business

  • Letting Pool: 45
    Number of units the manager is authorised to manage.
  • Owner Occupiers: 40
    Number of units resided in by their owners.
  • Lock Ups: 0
    Number of units owners are not renting out, but also do not live in.
  • Outside Agents: 0
    Number of units being rented by other agents (these could potentially be acquired by the manager).
  • Units In Complex: 85
    The total number of units within the complex.
  • Caretaking

  • Remuneration: $ 102,000
    This is the body corporate caretaker salary. It is included in the Net Income above.
  • Agreement Term: 25 years
    How long is the caretaking contract.
  • Agreement Remaining: 25 years
    How long remains on the caretaking contract before it must be renewed?
  • Agreement Age: 0 years
    How long has the management rights existed.
  • Office Hours:
    Required Office Hours
  • Complex Features:
  • Real Estate Component

  • Manager's Unit:   4 3
  • Included Real Estate: $ 745,900
    The value of on-title property included with the business. Its price is included in the Total Purchase Price.
  • Manager's Car Spaces: 2
  • Office On Title: 0
    Is there a manager's office included on the title?
  • Pets: No
    Can the manager own a pet on site?
  • Unit Features:
  • Listing Agent Contact Details

    %2Fusers%2Flogo_7566817%2F1.jpg Click here to view full profile for: Property Bridge

    Portrait

    Jim Lowe

    Office : 1800 888 ...
    Mobile : 0403 418 115, or 1800 888 ...

    Property Bridge

    propertybridge.com.au


    Send an Email:

    Similar Properties

    Listing Photograph $1,446,900
    Management Rights ROCHEDALE

    Off The Plan Management Rights

    Rochedale, Brisbane
    • Net Income: $ 214,400 ()
    • Remuneration: $ 102,000
    • Letting Pool: 45
    • Manager's Estate (incl): $ 745,900   4   3
    All Brisbane Management Rights
    Brisbane Holiday and Resort Management Rights
    Brisbane Permanent Management Rights
    Brisbane Retirement Management Rights
    Brisbane Off The Plan Management Rights
    Brisbane Corporate Management Rights
    Brisbane Student Management Rights
    • Property ID: 21079148
    • Broker's Ref: 20788440
    • =7566817
    • Last Update: 3 weeks ago.
    • Listing Type: Off the Plan
    • Price: $1,446,900
    • ROCHEDALE, QLD

    Agent Details

    %2Fusers%2Flogo_7566817%2F1.jpg Click here to view full profile for: Property Bridge

    Portrait

    Jim Lowe

    Office : 1800 888 ...
    Mobile : 0403 418 115, or 1800 888 ...

    Property Bridge

    propertybridge.com.au


    Send an Email:


    Listing Of The Month

    Listing Photograph Exclusive
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    Permanent Management Rights

    • Net Income: $ 358,000 (actual)
    • Remuneration: $ 154,440
    • Letting Pool: 95
    • Manager's Estate (incl): $ 495,000   3   2     Pet Friendly
    Listing Photograph Listing Photograph Listing Photograph

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