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617

Management Rights
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  • management rights Gold Coast
  • management rights Gold Coast
  • Listing Photograph
  • Listing Photograph

Great BC salary and NO requirement to live onsite.

Offers Between $1,835,000 - $1,885,000

Permanent management rights, Ashmore QLD

Very well maintained, gated and centrally located in close proximity to M1 access, Griffith University and the Gold Coast Hospital precinct, units in this complex are always in high demand. No requirement to live onsite, no set office hours. Setup allows for the business to be easily managed and monitored from anywhere.

Why is this business a must see?
Offsite living is available
Substantial body corporate salary
Long term stable business
Excellent systems and procedures in place
Excellent location

Call or email us for more details and an inspection.

More Information

Financial Overview

  • Total Purchase Price: Offers Between $1,835,000 - $1,885,000
  • Net Income: $ 257,000 (actual)
    This is the combined total income acheived by the business after expenses, before tax.
  • Included Real Estate: $ 420,000
    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: 62
    Number of units the manager is authorised to manage.
  • Owner Occupiers: 0
    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: TBC
    The total number of units within the complex.
  • Caretaking

  • Remuneration: $ 127,000
    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: 24 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: The complex features a Resort Style Swimming Pool. Excellent choice of shopping, schools and sporting venues within easy access. Within 15 minutes to beaches and major shopping centres, 40 minutes to Gold Coast airport.
  • Real Estate Component

  • Manager's Unit:   3 2
  • Included Real Estate: $ 420,000
    The value of on-title property included with the business. Its price is included in the Total Purchase Price.
  • Manager's Car Spaces: 3
  • Office On Title: 1
    Is there a manager's office included on the title?
  • Pets: Yes
    Can the manager own a pet on site?
  • Unit Features: This 3 bedroom, 2 bathroom managers unit is spacious and the best unit in the estate with parking for 3 vehicles, along with a large private fenced courtyard. The managers office has separate access, a toilet, storage area and parking allowing the unit to be rented out separately. The manager has exclusive use of a large storage shed with almost all of the equipment supplied and maintained by the body corporate.
  • Listing Agent Contact Details

    %2Fusers%2Flogo_756146%2F1.jpg Click here to view full profile for: Raine & Horne Onsite Rights

    Portrait

    Mark Fluhart

    Office : 07 3399 1...
    Mobile : 0432 749 ...

    Raine & Horne Onsite Rights

    http://www.raineandhorne.com.au/onsiterights


    Send an Email:

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    • Property ID: 21064053
    • Broker's Ref: MF GCA
    • =756146
    • Last Update: 6 months ago.
    • Listing Type: Permanent
    • Price: Offers Between $1,835,000 - $1,885,000
    • Ashmore, QLD

    Agent Details

    %2Fusers%2Flogo_756146%2F1.jpg Click here to view full profile for: Raine & Horne Onsite Rights

    Portrait

    Mark Fluhart

    Office : 07 3399 1...
    Mobile : 0432 749 ...

    Raine & Horne Onsite Rights

    http://www.raineandhorne.com.au/onsiterights


    Send an Email:


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    If you're interested in a property advertised on this website, please call the manager or broker whose details are on the listing. For any other matters, please get in touch with us below, we'd love to hear from you!

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    Call : 07 3868 4047
    Mail: info@TheOnsiteManager.com.au

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