Solid income Over 80% salary
$1,209,000
Permanent management rights, Cornubia QLD
Prime location! Situated near the highway, just a 30-minute drive to Brisbane CBD and Gold Coast Central. Nearby amenities include Hyperdome shopping center, IKEA, and more, making life incredibly convenient! The community is safe and peaceful with its own security system, and it's close to a golf course and John Paul College. Also, over 80% remuneration-to-net-income ratio and no set office hour.
This management rights opportunity comes with a solid 22-year contract and no swimming pool and BBQ facilities to manage. Large 3 bedrooms townhouse with office on title, it suits family or semi-retire couple. Perfect choice for first-time buyers or people who are searching lifestyle with stable income.
Don't miss out on this stable business!
Act now and seize this fantastic opportunity! Contact exclusive agent for more details.
More Information
- Total Purchase Price: $1,209,000
- Net Income: $ 126,000
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 599,000
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.
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?