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High-Income Management Rights Business in Bowen Hills Prime Corporate Location!
EOI
Corporate management rights, Bowen Hills QLD
An exceptional opportunity to acquire a high-performing management rights business in the heart of Bowen Hills, one of Brisbanes most sought-after locations.
Key Features:
- Strong Annual Income Generating approximately $1.37M per year, offering excellent returns.
- Prime Location Close to RBWH (Royal Brisbane and Womens Hospital) and just minutes from Brisbane CBD, ensuring high rental demand.
- Corporate Appeal Stylishly designed apartments, ideal for executive and long-term corporate tenants.
- Easy Management Well-structured business with efficient systems in place.
- Lifestyle & Growth Potential A lucrative opportunity with the flexibility to live onsite and enjoy Brisbanes vibrant city lifestyle.
This is a rare chance to secure a highly profitable management rights business in an unbeatable location. Don't miss out!
Contact us today for more details or to arrange an inspection.
More Information
- Total Purchase Price: EOI
- Net Income: $ 1,370,000
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 615,000
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?