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    • The Management Rights Market
Budget: $ 50,000 - $ 20,000,000
Budget: $ 50,000 - $ 20,000,000
Budget: $ 50,000 - $ 20,000,000

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18% Return & $472,163 Salary - ID 8532

All Garden Maintenance Paid by Body Corporate

Permanent management rights, Surfers Paradise QLD

- Lawns maintained by Body Corporate.
- Hedges maintained by Body Corporate.
- Outdoor pool maintained by Body Corporate.
- $70,000 cleaning salary is not included in the net profit.
- $20,000 reception salary is not included in the net profit.
- True net profit is $447,270 in your pocket, reflecting an 18% business return.
- Compared with any other permanent management rights business, this offers unmatched real net income and easy duties.
- Supervisory role a once-in-a-decade rare opportunity.
- $472,163 + GST Body Corporate salary, increasing annually with CPI over 80% of total income comes from salary, offering super stable income.
- Net profit: $469,859 Actual multiplier is extremely low compared to similar businesses on the market.
- Industry professionals will immediately recognise the true value of this opportunity.
- All permanent rentals, with a very small letting pool of only 14 units in a large complex, offering huge potential for growth.
- 10-year agreement with the full term remaining.
- Enormous income growth potential through multiple additional revenue streams for the incoming manager.

If youre looking for FIRST-CLASS LIVING, FIRST-CLASS INCOME, and SUPER EASY, LOW-STRESS WORK, theres nothing on the market that compares. This opportunity ticks every boxits truly perfection.

Compared with others, youll immediately see the real difference.

If you want to secure this once-in-a-decade, supervisory caretaking agreementa rare opportunity representing less than 1% of the marketcall Bill He now. Dont miss your chance and live with a lifetime of regret.

Net Profit: $447,270
Asking Price: $4,250,000
(Inclusive of Managers Real Estate)

More Information

Financial Overview

  • Total Purchase Price: All Garden Maintenance Paid by Body Corporate
  • Net Income: $ 447,270 (actual)
    This is the combined total income acheived by the business after expenses, before tax.
  • Included Real Estate: $ 1,750,000
    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.

Letting Business

  • Letting Pool: TBC
    Number of units the manager is authorised to manage.
  • Owner Occupiers: 0
    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: 0
    Number of units being rented by other agents (these could potentially be acquired by the manager).
  • Units In Complex: TBC
    The total number of units within the complex.
  • Caretaking

  • Remuneration: $ 472,163
    This is the body corporate caretaker salary. It is included in the Net Income above.
  • Agreement Term: 10 years
    How long is the caretaking contract.
  • Agreement Remaining: 10 years
    How long remains on the caretaking contract before it must be renewed?
  • Agreement Age: 34 years
    How long has the management rights existed.
  • Office Hours:
    Required Office Hours
  • Complex Features: Swimming Pool, BBQ, Full Tennis Court, Spa, Sauna, Gym
  • Real Estate Component

  • Manager's Unit:   3 2
  • Included Real Estate: $ 1,750,000
    The value of on-title property included with the business. Its price is included in the Total Purchase Price.
  • Manager's Car Spaces: 2
  • Office On Title: 1
    Is there a manager's office included on the title?
  • Pets: No
    Can the manager own a pet on site?
  • Unit Features: Prestige high-quality modern apartment featuring 3 bedrooms, 2 bathrooms, and 2 car spaces.
  • Listing Agent Contact Details

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

    Portrait

    Bill He

    Office : 1300 928 ...
    Mobile : 0439 288 ...

    Management Rights Sales

    http://www.mrsales.com.au


    Send an Email:

    PCS Finance

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    • Property ID: 21140655
    • Broker's Ref: 8532
    • =753695
    • Last Update: 1 month ago.
    • Listing Type: Permanent
    • Price: All Garden Maintenance Paid by Body Corporate
    • Surfers Paradise, QLD

    Agent Details

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

    Portrait

    Bill He

    Office : 1300 928 ...
    Mobile : 0439 288 ...

    Management Rights Sales

    http://www.mrsales.com.au


    Send an Email:


    PCS Finance

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      If you're interested in a property advertised on this website, please call the manager or broker whose details are on the listing. For any other matters, please get in touch with us below, we'd love to hear from you!

      Office : 111 Eagle St, Brisbane Q 4000
      Call : +61 7 3868 4047
      Agency Principal : 0407 769 944
      (DO NOT CALL THIS NUMBER IF YOU ARE A TENANT OR PROSPECTIVE TENANT!)
      Mail: info@TheOnsiteManager.com.au

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