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CARETAKING ONLY PERMANENT
$1,618,000
Permanent Management Rights, CARRARA QLD
A central Gold Coast, Caretaking Only Management Rights business for sale featuring:
The opportunity to run the business with one operator.
Guaranteed Body Corporate salary of $154,000 + GST, increasing annually by CPI
No set office hours in Caretaking Agreement
Long Caretaking Agreement contract remaining
Manager's two storey townhouse with 3 Bedrooms, 2.5 bathrooms, 2 car parks and picturesque lake view
Office on title with exclusive use storage
A Magnificent gated community with excellent facilities throughout, including a lakeside swimming pool, resident's clubroom, gym and BBQ area
Complex surrounded by the picturesque Lakes and Palm Meadows Golf Course
Quality private schools nearby. (e.g. Emmanuel College)
More Information
- Total Purchase Price: $1,618,000
- Net Income: $ 154,000
()
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 750,000
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?