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The Managers Unit Rented $355 Per Week, The Perfect Caretaking Only in Burleigh.
$130k MR&$650k Unit = Total $780k
Permanent Management Rights, BURLEIGH HEADS QLD
Explore the ideal investment opportunity with the management rights for St Marie Apartments, located in the vibrant Burleigh Heads. This caretaking-only business provides a stable and reliable income with minimal effort required, perfect for those looking for a balanced lifestyle. Boasting a caretaking salary of $36,204.
Key Features:
Location: Situated in a prime spot on the iconic Gold Coast Highway, offering convenient access to the beach, retail shops, cafes, and everything Burleigh Heads has to offer.
Income Potential: The manager's apartment is currently leased, generating a consistent weekly income of $355, contributing to the business's overall profitability.
Complex Size: Features 27 well-kept units, with 16 managed by external agents, ensuring a manageable workload and steady income.
Lifestyle: Benefit from a consistent income while enjoying the relaxed, coastal lifestyle of Burleigh Heads.
Low Commitment: The caretaking-only position demands minimal active involvement, affording more flexibility and personal time.
Investment Security: Boasting a leased manager's unit and a well-maintained property, this investment offers stable returns and potential for growth.
Seize this outstanding chance to acquire the management rights in Burleigh. Reach out to us today to find out more and embark on your new investment journey.
**Ras360 Hotels, Motels, Pubs, Parks & Management Rights**
More Information
- Total Purchase Price: $130k MR&$650k Unit = Total $780k
- Net Income: $ 36,204
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 650,000
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?