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Flexible Operation ,66% Income from Salary, 25-Year Permanent Management Rights for Sale
$1,326,335
Permanent management rights, Deception Bay QLD
Easy to Run | Strong Income | Growth Potential | Perfect for Individuals or Couples
Business Highlights
Full Agreement25-Year Permanent Term
-Agreement topped up this year to a full 25 years
-Healthy, well-maintained complex with low workload
No RestrictionsFreedom & Flexibility
-No live-on-site requirement
-No fixed office hours
-Ideal for balanced lifestyle
Spacious Managers Unit
-Large 3-bed townhouse + 2.5 baths + double garage + 1.5-sized dedicated office
-Approx. 201 sqm, office space on title
-Asking $660,000
-Currently rented with office retained, rent $29,4700 p.a. (not included in profit)
Strong & Stable Income
-Net salary: approx. $89,221 p.a. (after tax), CPI indexed annually
-Salary contributes 66% of total income reliable and low-risk
-19 permanent rentals under management, income approx. $55,466 p.a.
-Combined net profit: approx. $135,197 p.a.
Future Letting Potential
-Complex attracts young couples and small families
-Increasing demand for rentals means strong opportunity to grow the letting pool
Low Maintenance Complex
-Small lawn area and easy gardens
-Simple to operate, suitable for hands-on or couple-run business
Contact us today for full financials and inspection booking
More Information
- Total Purchase Price: $1,326,335
- Net Income: $ 135,197
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 660,000
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?