Proudly supported by all of the industry's leading brokers
$291,148 High Net + Modern 3-Bedroom Townhouse - ID 8873
$201,556 + GST Salary in GC
Permanent management rights, Greater Gold Coast Region
Permanent Management Rights for Sale
$201,556 + GST Salary in Wonderful Location of GC
- Exceptional and secure body corporate salary of $201,556 + GST, forming the majority of total income, with annual CPI increases.
- All permanent rentals with a small letting pool of only 25 units.
- Multiple additional income streams with strong growth potential.
- 25-year long-term agreement, with more than 22 years remaining.
- High net profit of $291,148.
- Modern, generous two-level townhouse featuring 3 bedrooms, 2.5 bathrooms, 2 car spaces, air-conditioning, and private courtyard.
- Spacious, professional office on title.
- Beautiful, established environment with outstanding convenience and lifestyle appeal.
Net Profit: $291,148
Asking Price:$2,500,000
(Inclusive of Managers Real Estate)
More Information
- Total Purchase Price: $201,556 + GST Salary in GC
- Net Income: $ 291,148
(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