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Beachfront caretaking with no need to live onsite and no fixed hours!!
$200,000
Caretaking management rights, Burleigh Heads QLD
This secure and exclusive complex is situated in an idyllic location in Burleigh Beach where one can relax around the saltwater swimming pool surrounded by a tropical garden or cook on the great BBQ facilities that are on offer. In fact walk across the road to the beach.
A possible five minute walk takes you into the bustling tourist mecca of James Street with restaurants, shops and tourist attractions. Images might not depict this complex.
No need to live onsite, no fixed hours and a secure salary.
Well worth an inspection!!!
To arrange an inspection call: Gavin - 08854 or email:
Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.
More Information
- Total Purchase Price: $200,000
- Net Income: $ 55,000
()
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: 3.6
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