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ASCOT - CLAYFIELD - CARETAKING ONLY - NO REAL ESTATE
EXPRESSIONS OF INTEREST
Permanent Management Rights, ASCOT QLD
Two small caretaking only businesses offered for sale together as a package.
Simple operations and duties. Management Agreements unexpired terms are currently 23 years and 15 years respectively.
These two well presented, quality complexes are situated approximately 8 minutes apart in neighbouring blue chip Brisbane locations.
This Brisbane Management Rights business offers an ideal add-on opportunity for an existing operator or alternatively a solid stand-alone, part-time business.
Total salary $30,470 p.a. ex-GST (CPI adjusted). A total of 20 units across both boutique complexes.
Offered for sale by genuine seller seeking Expressions of Interest.
More Information
- Total Purchase Price: EXPRESSIONS OF INTEREST
- Net Income: $ 30,473
(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