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Sunshine Coast Management Rights
$3,700,000
Resort / Holiday Management Rights, MAROOCHYDORE QLD
Make the move to Sunshine Coast!
Immaculate Complex and great location
Earning Over $433,000 pa, this pristine Sunshine Coast Management Rights is centrally located with beautifully refurbished apartments close to beaches, shopping and fabulous restaurants. Good BC salary and strong repeat business.
Ability to live on or off site.
Apartment: $1,250,000
Business: $2,450,000
Total: $3,700,000
Private, super- sized four bedroom, two bathroom residence with three car parks.
Qualified buyers please contact Rossina Gall for your private inspection. Mobile: 0427 258 159 Email
More Information
- Total Purchase Price: $3,700,000
- Net Income: $ 433,000
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 1,250,000
The value of on-title property included with the business. Its price is included in the Total Purchase Price. - Multiplier: 5.7
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?