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No Facilities, Easy Caretaking Only - ID 8853
Huge Income Upside Potential
Caretaking management rights, Redbank Plains QLD
- No requirement to live onsite
- No need to purchase real estate
- No office hours required
- No swimming pool to maintain
- No BBQ area to clean
- No gate for the complex
- Huge income upside potential
- Stable Body Corporate salary of $86,138 + GST, increasing annually with CPI
- Simple caretaking duties
- Net profit of $83,010
- Option to operate as caretaker onlyno real estate licence required, reducing costs and complexity
- Asking price only $425,000
Simple caretaking-only business you simply cant afford to miss!
Net Profit: $83,010
Asking Price: $425,000
More Information
- Total Purchase Price: Huge Income Upside Potential
- Net Income: $ 83,010
(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