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25 Years Stunning Permanent Management Rights in Carrara
$1,395,000
Permanent management rights, Carrara QLD
Great Complex
Well-appointed two-bedroom end townhouse situated in one of Carrara's most desirable complexes. Securely gated estate featuring an oasis themed sparkling in ground swimming pool to help you cool off during the hot summer months. Good rental and very popular for renters.
Convenient Location
Perfectly located in Carrara, a highly sought after position - a quiet and leafy community, just a short stroll to shops, medical, schools, transport and etc. Within minutes of the Commonwealth Games Sporting Precinct, Metricon Stadium, Nerang Train Station, Pacific Fair Shopping Centre, Royal Pine Golf Course and a wide array of amenities, everything is only moments away.
Appr. 10 min ride to Robina Westfield
Appr. 10 min ride to Pacific Fair Shopping Centre
Appr. 15 min ride to Australia Fair Shopping Centre
Just a short drive to M1 up to Brisbane and Logan.
Make all this your lifestyle.
Great Remuneration
$107,720 with annual adjustment of CPI every July
Long Agreement
Full 25 years on agreements from July 2021
Modern and Stunning Manager Residence
A spacious size, great lowset villas, three beds/two baths/double garage, comfortably suits all your family's needs
- Fully fenced house with security
- Large backyard for big families
- Big office and one extra carpark for manager at front of the office
- Manager residence has been leased with a good tenant
No set up office hours, just contactable during working hours
The Profit and Loss Statement was prepared by Industry Specialist accountant, to be accurate.
This would be a perfect opportunity to secure a solid income and lifestyle business, it ticks all your boxes. Please book your inspection with our NEXT team.
More Information
- Total Purchase Price: $1,395,000
- Net Income: $ 154,592
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 568,000
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?