Great Business for Sale!!

$2,470,000 to $2,520,000

Permanent management rights, Taigum QLD

Big Management right business for sale in Taigum.
The all you need to know about this business:
Great location
Great Income
Easy Body Corp
Easy Community members
Easy maintenance
To sum up, great business and you don't want miss out

More Information

Financial Overview

Total Purchase Price: $2,470,000 to $2,520,000
Net Income: $ 315,905 (actual)
_{This is the combined total income acheived by the business after expenses, before tax.}
Included Real Estate: $ 580,000
_{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: 82
_{Number of units the manager is authorised to manage.}

Owner Occupiers: 20
_{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: 2
_{Number of units being rented by other agents (these could potentially be acquired by the manager).}

Units In Complex: 104
_{The total number of units within the complex.}

Caretaking

Remuneration: $ 123,870
_{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: 23 years
_{How long remains on the caretaking contract before it must be renewed?}

Agreement Age: 8 years
_{How long has the management rights existed.}

Office Hours: N/A
_{Required Office Hours}

Complex Features: Big Management right business for sale in Taigum. The all you need to know about this business:Great locationGreat IncomeEasy Body CorpEasy Community members Easy maintenanceTo sum up, great business and you dont want miss out Call Nick Chen: 0424 432 506

Real Estate Component

Manager's Unit: 3 2

Included Real Estate: $ 580,000
_{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: Upstairs features:- Three carpeted bedrooms with built-in robes- Eeiling fans in all bedrooms- En-suite for master bedroom- Balcony off master bedroom- Spacious main bathroomDownstairs features:- Lounge/dining area with reverse cycle air conditioner- Kitchen fitted with modern stainless appliances- Laundry- Third toilet- Single lock up garage with remote controlled doorAlso:- private courtyard at rear of unit- Security screens on all doors and down stairs windows