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Charming Management Rights Opportunity in Albany Creek
$965,000
Permanent Management Rights, ALBANY CREEK QLD
Charming Management Rights Opportunity in Albany Creek
Discover this beautiful, quiet complex offering an excellent investment opportunity. The manager's unit is a standalone 3-bedroom, 2-bathroom home with a 2-car garage, office, and garden shed. It features a spacious outdoor area for entertaining and is fully fenced for privacy.
Conveniently located within walking distance to a variety of restaurants, schools, and shops, this complex enjoys a friendly body corporate committee and offers a Body Corporate Salary of $86,407.92. The caretaking-only role comes with no set office hours, providing a flexible lifestyle.
- Nett Profit: $89,361
- Business Price: $225,000 @ 2.6x
- Unit Price: $740,000
- Total Price: $965,000
- Agreement Terms: 9 years remaining on Standard Module verry good BC
Situated in Albany Creek, a thriving suburb known for its family-friendly atmosphere, excellent schools, and abundant parks, this business benefits from a prime location with strong community ties and consistent demand.
Please contact Robert Collins at 87 792 or email to discuss further or arrange an inspection. You will not be disappointed.
**Ras 360 Property Solutions - Management Rights | Motels | Hotels | Pubs | Parks**
More Information
- Total Purchase Price: $965,000
- Net Income: $ 89,361
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 740,000
The value of on-title property included with the business. Its price is included in the Total Purchase Price. - Multiplier: 2.5
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?