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Acquire Management Rights in Eagleby - Flexible, Profitable, and Stable | Resort Brokers ID : MR008726
$2,191,136
Permanent Management Rights, Eagleby QLD
ResortBrokers presents an enticing opportunity to acquire the management rights of a beautifully maintained permanent townhouse complex located in Eagleby. This business opportunity is ideal for both first-time buyers seeking a stable income stream and experienced operators looking to expand their portfolio.
The business operates under a 25-year caretaking and letting agreement, with more than 22 years remaining, ensuring longevity and stability. The agreement has been supported by successful top-up, reflecting the excellent relationship between the current manager and the body corporate committees and owners.
The complex is a non-gated community features a swimming pool, gym, and barbecue area, enhancing its tenant appeal. There is no community gate to maintain, body corporate bears the cost for professional contractor to service and maintain the swimming pool. Body corproate also supplies a ride-on mower to the manager and bears the repair and replacement costs.
Flexibility is a key highlight, with no set office hours, allowing the incoming operator to enjoy freedom in managing the business. The manager or nominee can reside in any unit within the complex, offering the option to rent out the managers unit if preferred.
Presenting a unique opportunity for a new operator to step in and continue the successful operation of this business. With a strong net profit and a solid body corporate salary, this opportunity presents a solid business proposition for any prospective buyer.
- No set office hours, offering freedom and flexibility in business operation
- Long agreement terms - 22 years remaining
- Manageable caretaing duties
- Large 4 bedroom manager's unit - ideal for a family
- Manager or nominee can reside in any unit; manager's unit can be rented out if preferred
- Ideal for first-time buyers seeking stable income or experienced operators expanding portfolios
- Inspections by appointment only
Date updated: 15 May 2025 16:20:24
More Information
- Total Purchase Price: $2,191,136
- Net Income: $ 274,752
(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