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  • Management Rights Gold Coast
  • Management Rights Gold Coast
  • Management Rights Gold Coast
  • Management Rights Gold Coast
  • Listing Photograph
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CENTRAL GOLD COAST

$1,253,000

Permanent Management Rights, CARRARA QLD

A quite gated community of townhouses well located, public transport at your doorstep and train station 5 minutes away.

School is a short drive along with shopping and the M1 Motorway. Metricon Carrara Stadium, golf, tennis and other world class sporting facilities abound!

A rewarding Body Corporate salary of over $102,000 gives you a solid income base, with a good-sized rental pool in addition to that. Long management agreements in place.

The pool of two-bedroom townhouses are popular with tenants and shared facilities are straight forward with pool and BBQ only.

Onsite Managers are kept happy with a 3-bedroom townhouse and two car accommodation.

Inspection of this well-run Gold Coast Management Rights business will impress

More Information

Financial Overview

  • Total Purchase Price: $1,253,000
  • Net Income: $ 155,560 ()
    This is the combined total income acheived by the business after expenses, before tax.
  • Included Real Estate: $ 420,000
    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: 29
    Number of units the manager is authorised to manage.
  • Owner Occupiers: 46
    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: 5
    Number of units being rented by other agents (these could potentially be acquired by the manager).
  • Units In Complex: 80
    The total number of units within the complex.
  • Caretaking

  • Remuneration: $ 102,659
    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: 17 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:
    Required Office Hours
  • Complex Features:
  • Real Estate Component

  • Manager's Unit:   3 2
  • Included Real Estate: $ 420,000
    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: 0
    Is there a manager's office included on the title?
  • Pets: No
    Can the manager own a pet on site?
  • Unit Features:
  • Listing Agent Contact Details

    %2Fusers%2Flogo_7566817%2F1.jpg Click here to view full profile for: Property Bridge

    Portrait

    Bobo Qi

    Office : 1800 888 ...
    Mobile : 0438 027 771, or 1800 888 ...

    Property Bridge

    propertybridge.com.au


    Send an Email:

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    • Property ID: 3910966
    • Broker's Ref: 20379651
    • =7566817
    • Last Update: 6 days ago.
    • Listing Type: Permanent
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    • CARRARA, QLD

    Agent Details

    %2Fusers%2Flogo_7566817%2F1.jpg Click here to view full profile for: Property Bridge

    Portrait

    Bobo Qi

    Office : 1800 888 ...
    Mobile : 0438 027 771, or 1800 888 ...

    Property Bridge

    propertybridge.com.au


    Send an Email:


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    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
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