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Prime CBD Living: Modern Apartments Management Business in Darwin
$1,224,618
Permanent management rights, Darwin NT
Discover urban luxury and investment potential in the heart of Darwin's CBD. Our modern apartments not only offer a prime location but also present a lucrative management business opportunity.
High Income : Benefit from lucrative returns in one of Darwin's most sought-after locations.
Prime CBD Access: Enjoy easy access to restaurants, cafes, and city lights, with stunning ocean views and refreshing sea breezes.
State-of-the-Art Security: Your safety is paramount, with 24-hour CCTV surveillance and secure undercover parking ensuring peace of mind for residents and investors alike.
Elevate your lifestyle and investment portfolio today. Contact us to secure your urban oasis.
More Information
- Total Purchase Price: $1,224,618
- Net Income: $ 317,161
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 400,000
The value of on-title property included with the business. Its price is included in the Total Purchase Price. - Multiplier: 2.6
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?