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Permanent Complex with 25 years to run
$620,000
Permanent Management Rights, SHAILER PARK QLD
All the hard work is done. Easily managed by one person, the Manager Must Live On Site. Perfect for: a 'first timer' transition to retirement person/family with a concurrent career. This business has the advantage of no set office hours and the operational plans are existing and in place.
Beautifully renovated Managers Open planned Unit 3 bedrooms, 2 bathrooms, 2 separate toilets, Lounge, Air conditioned, Plantation blinds, ceiling fans, fully insulated, lock up garage with remote, Solar Panels, private courtyard with pergola. Bus stop at the front of the Complex and only 5 mins to Hyperdome, John Paul College, Griffith University.
Logan Hospital, Busway, Railway and M1 with 30 mins to city and 35 mins to Gold Coast.
Contact Kerrie Lush on or email for your personal inspection of this outstanding complex.
More Information
- Total Purchase Price: $620,000
- Net Income: $ 62,297
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 365,000
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?