Super Rights to Large Student Accommodation Business Only with Office on-Title
$6,665,000
Permanent Management Rights, BURLEIGH WATERS QLD
Located in the heart of the Gold Coast, this exceptional management rights opportunity promises substantial returns with minimal responsibilities. With no facilities to maintain, it represents the epitome of low-maintenance, high-return investment.
This complex presents a lucrative proposition for savvy investors seeking high yields without the need for on-site living, designated office hours, or facility upkeep.
**Key Features:**
- **Student Only Accommodation**
- **Net Income:** Over $866,000 per annum
- **Established Reputation:** Long-standing, well-regarded business within the student community
- **Low Maintenance:** No facilities to maintain, reducing operational overheads
- **Prime Location:** Central position in a highly sought-after area
- **Streamlined Operations:** Efficient management system ensuring smooth day-to-day operations
- **Strong Demand:** Consistently high occupancy rates due to proximity to major educational institutions
This management rights business offers a streamlined and efficient operation. The complexs robust management system ensures smooth day-to-day operations, making it an ideal acquisition for both seasoned investors and newcomers to the student management rights sector.
This exceptional opportunity combines the benefits of a high net income, flexible management conditions, and a prime location. It is perfect for those looking to expand their property portfolio or enter the management rights student accommodation sector with a robust and profitable venture. Dont miss out on securing a stake in this premium property asset
More Information
- Total Purchase Price: $6,665,000
- Net Income: $ 866,333
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 900,000
The value of on-title property included with the business. Its price is included in the Total Purchase Price. - Multiplier: 6.7
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?