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674

Management Rights
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INSTANT INCOME - SOLID CASH FLOW

FIRST TIME OFFERED FOR SALE

Permanent management rights, Warner QLD

First time offered for sale
Well-run business allows you to walk in and starting earning a good income.
This is your opportunity to work with the Property Developer - an exceptional opportunity for those entering the Management Rights Industry.

KEY POINTS
Established business ready for instant income!
102 townhouses located at Warner 4500 - High Growth Area
Supportive Body Corporate Committees
Attached Office with no set office hours
No requirement to live on-site or purchase real estate
Low maintenance common grounds
No pools or gymnasiums to maintain
Seller offering support for a smooth hand-over
Opportunity to increase income

Inspections welcome by appointment.
For more information call Michael 0497970201

More Information

Financial Overview

  • Total Purchase Price: FIRST TIME OFFERED FOR SALE
  • Net Income: $ 365,000 (actual)
    This is the combined total income acheived by the business after expenses, before tax.
  • Included Real Estate: $ 575,000
    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: 80
    Number of units the manager is authorised to manage.
  • Owner Occupiers: 19
    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: 3
    Number of units being rented by other agents (these could potentially be acquired by the manager).
  • Units In Complex: 102
    The total number of units within the complex.
  • Caretaking

  • Remuneration: $ 160,000
    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: 24 years
    How long remains on the caretaking contract before it must be renewed?
  • Agreement Age: 7 years
    How long has the management rights existed.
  • Office Hours: No set office hours
    Required Office Hours
  • Complex Features:
  • Real Estate Component

  • Manager's Unit:   3 2
  • Included Real Estate: $ 575,000
    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: Yes
    Can the manager own a pet on site?
  • Unit Features: Stand-alone townhouse offering privacy, air conditioning, separate office entrance and private courtyard overlooking parkland.
  • Listing Agent Contact Details


    Portrait

    Michael

    Office : 0497970...
    Mobile : 0497970...

    JSF Property

    http://www.jsfproperty.com.au


    Send an Email:

    Similar Properties

    Listing Photograph Exclusive FIRST TIME OFFERED FOR SALE

    Permanent Management Rights

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    • Net Income: $ 365,000 (actual)
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    • Property ID: 21107905
    • Broker's Ref:
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    • Last Update: 1 day ago.
    • Listing Type: Permanent
    • Price: FIRST TIME OFFERED FOR SALE
    • Warner, QLD

    Agent Details


    Portrait

    Michael

    Office : 0497970...
    Mobile : 0497970...

    JSF Property

    http://www.jsfproperty.com.au


    Send an Email:


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