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Net $227,333 - Multiplier 2.89 in Brisbane - ID 9214
No Requirement to Live Onsite
Permanent management rights, Greater Brisbane Region
Permanent Management Rights for Sale
No Requirement to Live Onsite
- No requirement to live onsite
- No office hours required
- No pool, BBQ, or facilities to maintain
- Minimal caretaking workload for the manager
- Ideal for those who enjoy cooking
- Steady, secure income with strong financial stability
- Significant upside potential for growth
- Body Corporate salary: $56,651 + GST (CPI annually)
- Net profit: $227,333
- 22 permanent rentals under management with room to grow
- 25-year agreement with 20 years remaining
- 3-bedroom, 2-bathroom managers residence
- Office on title
- Exclusive-use commercial kitchen and lounge
Total Asking Price: $1,300,000 - including spacious 3-bedroom managers residence.
A rare opportunity offering reliable income, low workload, and strong potential for growth.
Enquire today - opportunities like this dont last.
More Information
- Total Purchase Price: No Requirement to Live Onsite
- Net Income: $ 227,333
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 650,000
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?