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Ideal Starter or Bolt On
$430,000
Permanent management rights, Maroochydore QLD
Rare opportunity to secure a tightly held permanent management rights portfolio.
This offering presents a stable, well structured business ideally suited to a sole operator or an established manager looking to expand. With no real estate to purchase, it provides a highly affordable, low risk entry into a proven income producing sector, delivering an ROI of over 27%.
The portfolio consists of three well maintained permanent complexes, all operationally efficient with genuinely low workload caretaking duties. Remuneration accounts for over 75% of the net profit, supported by long term agreements and proactive committees. One of the buildings was completed only 12 months ago, offering near new presentation and minimal ongoing maintenance.
This is an exceptional opportunity to acquire a well positioned, easy to run permanent management rights business that delivers strong lifestyle balance, dependable income and room to grow.
For further information please contact the listing agent.
More Information
- Total Purchase Price: $430,000
- Net Income: $ 119,377
(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: 3.6
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