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Business Only with High Stable Salary - ID 9184
Business Only With Stable Salary
Permanent management rights, Albany Creek QLD
Huge Income Growth Potential in Brisbane North
Permanent Management Rights for Sale
- No property attached
- No office hours required
- No need to live onsite
- No responsibility for garbage bin collection
- Simple pool and BBQ with minimal duties
- Nearly new, modern townhouse complex with a tiny, low-maintenance garden and very limited lawn
- Stable body corporate salary of $55,340, increasing annually with CPI
- Net profit of $65,874
- All permanent rentals: small letting pool of 5, plus 4 with outside agents, offering great income potential
- Long-term 25-year agreement with 21 years remaining
- Priced at just $380,000
An impeccable, easy-to-manage business offering flexibility and a stable income.
Call Bill He NOW to secure this fantastic opportunity no property required!
Net Profit: $65,874
Asking Price: $380,000
More Information
- Total Purchase Price: Business Only With Stable Salary
- Net Income: $ 65,874
(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