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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
- 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.
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?