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Exclusive - No Pool, No BBQ, No Gate, Brisbane South
Modern, Spacious Freestanding House Included
Permanent management rights, Hillcrest QLD
Permanent Management Rights for Sale
Quality Independent House 4.2 Low Multiplier
- No pool, no BBQ, no gate
- No office hours
- Super simple duty with extremely easy garden
- Modern, spacious freestanding 3-bedroom HOUSE
- Large percentage of Body Corporate salary: $60,510 plus GST with CPI increase each year
- 25-year long agreement with 23 years remaining
- Only one day required to complete the weekly workload
- Net operating profit is around $93,288
- All permanent rentals with small letting pool of 14
- Modern, very new, spacious freestanding house with 3 bedrooms, 2.5 bathrooms, and double garage.
- Three living areas and huge courtyard. Professional office on title with separate entrances.
- Very peaceful and convenient location, close to public transport, easy access to major highways, close to shopping centre and almost all facilities.
- The total price is only $1,128,000 (including magnificent 3-bedroom managers independent house).
The Best 2nd Income in your spare time with superb Living in Brisbane South.
Contact us now to secure this rare opportunity.
Net Profit: $93,288
Asking Price: $1,128,000
More Information
- Total Purchase Price: Modern, Spacious Freestanding House Included
- Net Income: $ 93,288
(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