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Management Rights
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Under ContractExclusive
  • management rights Brisbane
  • Listing Photograph

Price Reduce! Dream Complex with Solid Income

$1,152,000

Permanent management rights, Banyo QLD

It's the complex that tick every box for the permanent letting business. Close to everything, shopping centre, airport, pubic transport, golf club, beach and many good state and private schools nearby the complex. 70% income generated by remuneration, it's solid and stable income. Over 20 years agreement remain. Asking Price reduced $30,000 for this special period of time. You would impress for the beautiful complex and lifestyle manager unit. Please contact exclusive listing agent TODAY to book your inspection before too late.

More Information

Financial Overview

  • Total Purchase Price: $1,152,000
  • Net Income: $ 132,000 (actual)
    This is the combined total income acheived by the business after expenses, before tax.
  • Included Real Estate: $ 525,000
    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: 20
    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: $ 93,155
    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: 20 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: No set office hours
    Required Office Hours
  • Complex Features:
  • Real Estate Component

  • Manager's Unit:   3 2
  • Included Real Estate: $ 525,000
    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: 1
    Is there a manager's office included on the title?
  • Pets: Yes
    Can the manager own a pet on site?
  • Unit Features:
  • Listing Agent Contact Details

    %2Fusers%2Flogo_755746%2F1.jpg Click here to view full profile for: Shine Realty

    Portrait

    Celine Tseng

    Office : 07 3161 8...
    Mobile : 0423 566 ...

    Shine Realty

    http://www.shinerealty.com.au/


    Send an Email:

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    • Property ID: 3914443
    • Broker's Ref:
    • =755746
    • Last Update: 7 months ago.
    • Listing Type: Permanent
    • Price: $1,152,000
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    Agent Details

    %2Fusers%2Flogo_755746%2F1.jpg Click here to view full profile for: Shine Realty

    Portrait

    Celine Tseng

    Office : 07 3161 8...
    Mobile : 0423 566 ...

    Shine Realty

    http://www.shinerealty.com.au/


    Send an Email:


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    Contact details

    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!

    Office : 111 Eagle St, Brisbane Q 4000
    Call : 07 3868 4047
    Mail: info@TheOnsiteManager.com.au

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