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The perfect Victorian Add On Business-Only Management Rights for Sale Melbourne
$888,888 - Business Only
Permanent Management Rights, BRUNSWICK VIC
Ready to take the reins of a thriving, low-maintenance business in one of Melbournes most desirable suburbs? This is your chance to step into a well-established management rights operation offering strong returns and long-term stability.
Why You'll Love It:
Situated in a vibrant, in-demand Melbourne suburb, this business benefits from an unbeatable location surrounded by stylish cafes, boutique stores, and seamless public transport. Melbournes booming property market, combined with this suburbs lifestyle appeal, makes this a smart investment with future upside.
At a Glance:
Net Profit: $212,161 p.a.
Body Corporate Salary: Over $146,000 p.a.
Agreement Term: 18 years remaining
Established Since Construction: Same owner since the building opened 7 years ago
Letting Pool: 38 permanent rentals with a reliable tenant base
Solo Operator Friendly: Easily managed by one person; outsourced cleaning services can remain in place
This is a turnkey opportunity with all systems in place. The business boasts a solid rental base, long-term agreements, and the potential for additional earnings from future unit sales within the building (sales not reflected in current P&L).
Whether you're a seasoned operator or a first-time buyer, this is a rare chance to secure a high-performing asset in one of Australias most liveable cities.
**Ras360 Specialists in Management Rights | Motels | Hotels | Pubs | Parks**
More Information
- Total Purchase Price: $888,888 - Business Only
- Net Income: $ 212,161
(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