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Business Only Permanent Management Rights in Inner Northern Brisbane, Windsor
$550,000
Permanent management rights, Windsor QLD
- Asking $550,000
- Solid Income $92,224, verified by industry specialist accountant
- Conveniently located in the heart of Windsor, you'll have everything you need right at your doorstep. Just a short stroll away you'll find an array of cafes, restaurants, and boutique shops, while public transport is easily accessible with the train station and bus stop just a stone's throw away.
Walking distance to public transport including Windsor Train Station
Walking / cycling paths nearby
3km / 10 mins from Brisbane CBD
1km from Royal Brisbane and Women's Hospital- Well- presented complex provides the perfect environment to relax in
- Very well-run business, all procedures documented
- 19 years left on a 25 years accommodation module
- Great remuneration $70,981 with annual adjustment of CPI
- Small letting pool - only 11 lettings in the pool in total
- The turnover of tenants is very low, keeping inspections and paperwork to a minimum
- No Office Hours
- No Real Estate Associated
Book your private inspection with Exclusive Agent, David Jiang from NEXT Realty!
More Information
- Total Purchase Price: $550,000
- Net Income: $ 92,224
(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