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Sunny Life and Stable Business!
$1,579,000 ONO
Permanent management rights, Aspley QLD
- Best value Management Rights in Brisbane North Side
- Over 55's complex with a very small caretaking workload
- Great Location
Appr. 750m to Aspley Hypermarket (Coles/Woolworths/Kmart/Aldi)
Appr. 8 minutes' drive away to Westfield Chermside (One of the biggest Shopping Centres in Brisbane)
Appr. 20 minutes' riding to Brisbane CBD and Airport
- 3 Bedroom 2 Bathroom manager unit with office onsite
- Very supportive body corporate relationship
- Only breakfast (bread and milk) is provided and there is no kitchen job for a hot meal
- Your role here is mainly to oversee the complex
- There is no owner-occupier! All investors!
- The gardens are not big, they are low maintenance, easy to manage
- There is no Gate, No Gym, No Swimming Pool or Spa, No BBQ to worry about
- Income has been verified by specialist management rights accountants
- 15% great return on your investment
To be the lucky person to buy this management rights you will need to be QUICK!
Please book your private inspection with Exclusive Agent, David Jiang.
More Information
- Total Purchase Price: $1,579,000 ONO
- Net Income: $ 233,631
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 680,000
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.
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?