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Ashmore Caretaking Only, Strong Salary $120,000
$120,000
Permanent Management Rights, ASHMORE QLD
RAAS presents exclusive 'add-on' Management Rights for sale and the best part? No real estate purchase is required, and no need to live onsite!
Introducing Belmont Grange and Broni, a charming 32-unit townhouse complex expertly managed by the developer for an impressive 15 years. Now, the developer is ready to pass on the reins.
Prime Location: Situated in the highly sought-after Southport area, the demand for businesses like this is soaring, making it a golden opportunity for success.
Caretaking-Only Option: With the business offered as a caretaking-only opportunity, you'll enjoy the benefits of a low-stress venture with the letting agreement included and No Office Hours.
Lucrative Salary: Earn an attractive caretaking salary of $38,194 per year (excluding GST), with yearly CPI increases to ensure your investment keeps growing.
Manageable Duties: With just 32 units to oversee, you'll find the responsibilities easy to handle, allowing you to focus on what matters most.
Perfect Add-On: If you're an existing local owner-operator searching for an excellent expansion opportunity,
More Information
- Total Purchase Price: $120,000
- Net Income: $ 0
(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: 0.0
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