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Elevate Your Portfolio with Proven Management Rights in Birtinya | Resort Brokers ID : MRB008631
$1,100,000
Permanent Management Rights, Birtinya QLD
ResortBrokers is excited to present an outstanding business-only management rights opportunity in Birtinya. Saltwater Apartments offers a low-capital investment with strong returns, featuring 80 apartments and the potential to convert 25 outside agent units into the letting pool. Supported by a current top-up underway to 25-year accommodation module agreements, this venture offers long-term security and stability. The complex includes a pool, barbecue area, and secure parking, with apartments designed to appeal to investors due to their smaller size, attracting a steady stream of tenants. With flexible work arrangements that allow for contact Monday to Friday, and no weekend obligations, management is streamlined to facilitate financial growth. This opportunity is perfect for a couple seeking a business-only venture with no real estate purchase necessary, providing a solid income stream and significant growth potential.
- No real estate purchase is required, ensuring lower capital outlay and higher returns
- Showing a 19.1% ROI
- Flexible work arrangements with contact hours limited to Monday - Friday, 9-5
- Opportunity to increase revenue by converting outside agent units into the letting pool
- Currently going though a top up to 25-year accommodation module agreements offer security and stability
- Located in a high-demand health precinct with strong occupancy rates
- Strong income stream with annual CPI increases for steady financial growth
- Streamlined operations with potential for further efficiencies
- Designed for rentals, offering compact apartments that may not appeal to long-term owner-occupiers
- Inspections are by appointment only
Date updated: 25 Feb 2025 16:25:54
More Information
- Total Purchase Price: $1,100,000
- Net Income: $ 211,888
(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