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Perfect add on business
$220,000 - Business Only
Permanent Management Rights, DURACK QLD
An outstanding opportunity to secure a business-only Management Rights in the well-kept Breezes on Blunder complex, located in the heart of Durack. With no office, no shed, no equipment and no managers unit to purchase, this is the ideal tack-on business for an existing operator or an easy lifestyle income for one person.
The workload is light, with approximately six hours per week required for caretaking and five rentals currently in the letting pool. The agreements have just been topped up to the full 25 years, with 21 years remaining, offering long-term income security and peace of mind.
Breezes on Blunder is a simple, low-maintenance complex with a friendly body corporate and steady tenant demand. Positioned in Brisbanes south-west corridor, it enjoys convenient access to schools, shopping centres, transport and major arterials, ensuring the ongoing strength of the letting pool.
This is one of the easiest management rights businesses on the market no heavy lifting, minimal commitments, and reliable returns underpinned by long agreements. A smart, low-risk opportunity that fits perfectly into an existing portfolio or suits those seeking a flexible, semi-retired lifestyle.
**Ras360 Specialists in Management Rights | Motels | Hotels | Pubs | Parks**
More Information
- Total Purchase Price: $220,000 - Business Only
- Net Income: $ 53,835
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 0
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