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Salary represents 82% of Income!
Part-Time Role Moorooka
Permanent management rights, Moorooka QLD
A part-time manager's role with a small letting pool. The current managers both have full-time off-site employment and control the complex remotely.
Whether you're a first time to the industry manager or an experienced manager looking for an easy manage, this Moorooka gated community, could be the one that will fit your needs!
Key Points:
> circa 40 allotments in total
> 10 under management
> Just topped-up back to 24 years remaining
> Salary calculates to 82% of verified net income
Call me today on 0407 721 335 to discuss, receive the detailed information and to set up a time to inspect.
More Information
- Total Purchase Price: Part-Time Role Moorooka
- Net Income: $ 127,704
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 780,000
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
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?