Proudly supported by all of the industry's leading brokers
Profitable business | SIRE Management Rights
Call 0404 331 310
Permanent management rights, WYNNUM qld
Live & Earn in Paradise Nestled in Wynnums vibrant bayside community, this rare opportunity blends inner-city convenience with coastal serenity. Just minutes from golden beaches, yet insulated from urban chaos, its a sanctuary for those chasing both profit and peace.
Only 10 in the letting pool, the great cash flow is backed up by stable BC salary increase every year.
No office hours
Close to major amenities, transport links & shopping centre
Ideal for a family or semi-retired couple looking for a solid income and great lifestyle
Inspection: Contact The SIRE Team now to arrange a viewing and explore this opportunity further.
The images are for reference and may not depict the actual property
More Information
- Total Purchase Price: Call 0404 331 310
- Net Income: $ 168,000
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 0
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