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  • management rights Gold Coast
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SIDE-BY-SIDE PERMANENT COMPLEX WITH PLENTY OF POTENTIAL! ID 8207

$750,000

Permanent management rights, Southport QLD

Gold Coast Management Rights for Sale

An exciting investment opportunity awaits with side-by-side permanent management rights in the highly desirable Southport. These modern, well-maintained complexes offer strong net profits, plenty of potential and best of all, flexibility.

With no set office hours and no requirement to live on-site this opportunity presents the perfect investment for those new to the industry or experienced managers looking to add to the portfolio.

2 bedroom, 2 bathrooms, ground floor unit with additional 3rd bedroom/study
Attached and on title office space.
No office hours!
No requirement to live on-site!
Ability to rent out managers' unit for additional income.
Maintainable gardens and facilities.

Net Profit: $78,802
Asking Price: $750,000
(Inclusive of manager's real estate)

More Information

Financial Overview

  • Total Purchase Price: $750,000
  • Net Income: $ 78,802 (actual)
    This is the combined total income acheived by the business after expenses, before tax.
  • Included Real Estate: $ 480,000
    The value of on-title property included with the business. Its price is included in the Total Purchase Price.
  • Multiplier: 3.4
    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.

Letting Business

  • Letting Pool: 14
    Number of units the manager is authorised to manage.
  • Owner Occupiers: 21
    Number of units resided in by their owners.
  • Lock Ups: 0
    Number of units owners are not renting out, but also do not live in.
  • Outside Agents: 5
    Number of units being rented by other agents (these could potentially be acquired by the manager).
  • Units In Complex: 40
    The total number of units within the complex.
  • Caretaking

  • Remuneration: $ 59,683
    This is the body corporate caretaker salary. It is included in the Net Income above.
  • Agreement Term: 25 years
    How long is the caretaking contract.
  • Agreement Remaining: 17 years
    How long remains on the caretaking contract before it must be renewed?
  • Agreement Age: 19 years
    How long has the management rights existed.
  • Office Hours: No office hours
    Required Office Hours
  • Complex Features: Two pools, tropical gardens, secure parking, BBQ area
  • Real Estate Component

  • Manager's Unit:   2 2
  • Included Real Estate: $ 480,000
    The value of on-title property included with the business. Its price is included in the Total Purchase Price.
  • Manager's Car Spaces: 1
  • Office On Title: 1
    Is there a manager's office included on the title?
  • Pets: Yes
    Can the manager own a pet on site?
  • Unit Features: Ground floor, large patio, two bedroom, study, two bathroom, one carspace, on-title office, storage room
  • Listing Agent Contact Details

    %2Fusers%2Flogo_753695%2F1.jpg Click here to view full profile for: Management Rights Sales

    Portrait

    Ben Lynn

    Office : 1300 928 ...
    Mobile : 0456 640 ...

    Management Rights Sales

    http://www.mrsales.com.au


    Send an Email:

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    • Property ID: 21116833
    • Broker's Ref: 8207
    • =753695
    • Last Update: 2 weeks ago.
    • Listing Type: Permanent
    • Price: $750,000
    • Southport, QLD

    Agent Details

    %2Fusers%2Flogo_753695%2F1.jpg Click here to view full profile for: Management Rights Sales

    Portrait

    Ben Lynn

    Office : 1300 928 ...
    Mobile : 0456 640 ...

    Management Rights Sales

    http://www.mrsales.com.au


    Send an Email:


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