653

Management Rights
For Sale

52

Motels / Hotels
For Sale

15

Caravan Parks
For Sale

794

Investment Property
For Sale
Exclusive
  • Management Rights Gold Coast

LIVE OFF SITE - CARETAKING ONLY

$890,000

Permanent Management Rights, BIGGERA WATERS QLD

Body Corporate Salary of $95,000

Manager currently lives off-site with the 3 Bedroom townhouse tenanted. Tenant maintains the gardening and pool.

Townhouse complex is positioned in a very convenient location with shops, schools, public transport and amenities just around the corner. And the fabulous Harbour Town shopping centre so close!

Just a quick drive to the huge natural playground of the Broadwater for boating, fishing or catching a sunrise morning stroll prior to your working day. School bus stop outside the complex. Walk to school in five-minutes!

A supportive committee. Also the opportunity to manage a rental pool should you wish.

More Information

Financial Overview

  • Total Purchase Price: $890,000
  • Net Income: $ 95,602 ()
    This is the combined total income acheived by the business after expenses, before tax.
  • Included Real Estate: $ 616,000
    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: TBC
    Number of units the manager is authorised to manage.
  • Owner Occupiers: 0
    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: 0
    Number of units being rented by other agents (these could potentially be acquired by the manager).
  • Units In Complex: 68
    The total number of units within the complex.

    • Caretaking

  • Remuneration: $ 95,602
    This is the body corporate caretaker salary. It is included in the Net Income above.
  • Agreement Term: 10 years
    How long is the caretaking contract.
  • Agreement Remaining: 9 years
    How long remains on the caretaking contract before it must be renewed?
  • Agreement Age: 0 years
    How long has the management rights existed.
  • Office Hours:
    Required Office Hours
  • Complex Features:

    • Real Estate Component

  • Manager's Unit:   3 2
  • Included Real Estate: $ 616,000
    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: 0
    Is there a manager's office included on the title?
  • Pets:
    Can the manager own a pet on site?
  • Unit Features:

    • Listing Agent Contact Details

    Similar Properties

    $2,975,000

    Permanent Management Rights

    Labrador, Gold Coast
    • Net Income: $ 399,559 (actual)
    • Remuneration: $ 212,000
    • Letting Pool: 56
    • Manager's Estate (incl): $ 700,000   3   2
    Exclusive $890,000

    Permanent Management Rights

    Biggera Waters, Gold Coast
    • Net Income: $ 95,602 ()
    • Remuneration: $ 95,602
    • Manager's Estate (incl): $ 616,000   3   2
    $2,350,000

    Permanent Management Rights

    Labrador, Gold Coast
    • Net Income: $ 229,033 (actual)
    • Remuneration: $ 178,966
    • Letting Pool: 12
    • Manager's Estate (incl): $ 1,250,000   2   2     Pet Friendly
    $2,846,500

    Permanent Management Rights

    Biggera Waters, Gold Coast
    • Net Income: $ 405,027 (actual)
    • Remuneration: $ 228,000
    • Letting Pool: 56
    • Manager's Estate (incl): $ 700,000   3   2
    $2,350,000

    Permanent Management Rights

    Labrador, Gold Coast
    • Net Income: $ 232,109 (actual)
    • Remuneration: $ 178,966
    • Manager's Estate (incl): $ 1,250,000   2   2     Pet Friendly
    $2,980,000

    Permanent Management Rights

    Biggera Waters, Gold Coast
    • Net Income: $ 403,519 (actual)
    • Remuneration: $ 218,355
    • Letting Pool: 55
    • Manager's Estate (incl): $ 750,000   3   2     Pet Friendly
    $3,000,000

    Permanent Management Rights

    Biggera Waters, Gold Coast
    • Net Income: $ 405,027 (actual)
    • Remuneration: $ 228,512
    • Letting Pool: 54
    • Manager's Estate (incl): $ 750,000   3   2     Pet Friendly
    $100K MR&$550k Unit = Total $650K

    Permanent Management Rights

    Labrador, Gold Coast
    • Net Income: $ 54,748 (actual)
    • Remuneration: $ 47,685
    • Letting Pool: 6
    • Manager's Estate (incl): $ 550,000   2   1     Pet Friendly
    $120K MR&$550k Unit = Total $670K

    Permanent Management Rights

    Labrador, Gold Coast
    • Net Income: $ 61,000 (actual)
    • Remuneration: $ 45,000
    • Letting Pool: 6
    • Manager's Estate (incl): $ 550,000   2   1     Pet Friendly
    $2,350,000

    Permanent Management Rights

    Labrador, Gold Coast
    • Net Income: $ 232,100 ()
    • Remuneration: $ 178,900
    • Letting Pool: 14
    • Manager's Estate (incl): $ 1,250,000   2   2     Pet Friendly
    This is a great business.

    Permanent Management Rights

    Biggera Waters, Gold Coast
    • Net Income: $ 147,000 (actual)
    • Remuneration: $ 50,000
    • Letting Pool: 10
    Exclusive $360,000

    Permanent Management Rights

    Arundel, Gold Coast
    • Net Income: $ 78,000 (actual)
    • Remuneration: $ 67,630
    • Letting Pool: 3
    All Gold Coast Management Rights
    Gold Coast Holiday and Resort Management Rights
    Gold Coast Permanent Management Rights
    Gold Coast Retirement Management Rights
    Gold Coast Off The Plan Management Rights
    Gold Coast Corporate Management Rights
    Gold Coast Student Management Rights
    • Property ID: 21135551
    • Broker's Ref: 21359561
      • =7566817
    • Last Update: 1 week ago.
    • Listing Type: Permanent
    • Price: $890,000
    • BIGGERA WATERS, QLD