Investment Opportunity: Management Rights Business in Lawnton
$950,000
Permanent management rights, Lawnton QLD
Discover the perfect investment opportunity in Lawnton with this well-established management rights business. This townhouse complex, nestled in the heart of the Northern Brisbane suburb of Lawnton, comprises 54 townhomes. Among these, one unit serves as the designated manager's residence, complete with an integrated office space.
Manager Unit Features:
Spacious 3-bedroom unit with modern amenities
Air conditioning for comfortable living
Double-story layout with an integrated office space
Solar panel system for energy efficiency
Private carport for convenience
Business Features:
Low maintenance caretaking duties, no Pool, BBQ, Spa, Gym, tennis, gate to look after
No set office hours, offering flexibility in management
Equipped with caretaker's office computer and software
Storage facilities available with two garages
Foxtel connection available
Prime location offering ease of access to Lawnton Station (only 3 minutes' drive away)
Don't miss out on this outstanding chance to secure a thriving permanent management rights business. With its strong rental pool, strategic location, and low-maintenance caretaking duties, this investment promises a harmonious blend of financial success and a relaxed lifestyle.
Please contact Keeya for more information or to arrange a viewing. Don't let this opportunity pass you by!
Disclaimer: All information contained herein is gathered from sources we consider to be reliable. However, we cannot guarantee or give any warranty about the information provided and interested parties must solely rely on their own enquiries.
More Information
- Total Purchase Price: $950,000
- Net Income: $ 101,280
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 450,000
The value of on-title property included with the business. Its price is included in the Total Purchase Price. - Multiplier: 4.9
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?