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Mixed Management Rights for Sale in Surfers Paradise with 2.00 Multiplier - ID 9167
Youve Never See a Bargain Like This Before!
Permanent management rights, Surfers Paradise QLD
Mixed Management Rights For Sale
A Bargain Like You've Never Seen Before!
- Low multiplier of only 2x in Surfers Paradise.
- Simple workload
- High stable body corporate salary $104,404 plus GST with CPI increase.
- HighNet profit $133,041.
- Huge potential for income growth through multiple sources (letting pool increase, sale commission, maintenance income etc.).
- If you have very good communication skills and handy, you can make much MORE!
- Good managers residence with 2 bedrooms, 2 bathrooms, 1 security underground car space.
- Multiple courtyards, large professional office and reception area on title.
- Super convenient location, close to everything, walking distance to shops, restaurants, beach, park, public transport etc.
Net Profit: $133,041
Asking Price: $1,087,000
(Inclusive of Managers Real Estate)
More Information
- Total Purchase Price: Youve Never See a Bargain Like This Before!
- Net Income: $ 133,041
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 820,000
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?