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Exclusive - Business Only - No Facilities - Brisbane East - ID 9221
Easily Managed By One Person
Permanent management rights, Greater Brisbane Region
Permanent Management Rights For Sale
Easily Managed By One Person In Spare Time
No need to purchase real estate
No requirement to live onsite
No office required
No office hours
No swimming pool to maintain
No BBQ area to clean
Extremely simple caretaking duties requiring minimal hours, easily managed by one person in their spare time. Stable Body Corporate salary of $72,403 + GST , with CPI increases applied annually. Conveniently located in Brisbanes eastern suburbs, the complexes are positioned close to one another and can be efficiently managed as a single portfolio. All permanent rentals, with a small letting pool of only 10, offering significant income growth potential.
Net Profit: $115,740
Asking Price: $608,000
More Information
- Total Purchase Price: Easily Managed By One Person
- Net Income: $ 115,740
(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