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Business ONLY in Brisbane - Over $500K NET - ID 9213
Stable Salary of $380K
Permanent management rights, Greater Brisbane Region
Permanent Management Rights for Sale
Stable Salary of $380K
-No requirement to purchase real estate
-No obligation to live onsite
-Exclusive use of a professional street-front office
-Prime location in one of Brisbanes most prestigious inner-city suburbs, close to the Brisbane River, CBD, parks, and shops
-Standard module with 10 years remaining on the full-term agreement
-Large body corporate salary of $380K plus GST, with annual CPI increases, accounting for more than 70% of total net income
-High net profit of $540K
-Small permanent letting pool
-Significant growth and income upside potential
The Best Location. The Best Buildings. The Best High Return in Brisbane.
The Best Business-Only Opportunity You Cant Afford to Miss.
Nett Profit: $540,000
Price: $2,988,000
More Information
- Total Purchase Price: Stable Salary of $380K
- Net Income: $ 0
()
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