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Business only. No live onsite.
Consider reasonable offers. Contact agent.
Permanent management rights, Bulimba QLD
Dont miss out on this exceptional opportunity in Bulimba! Located in a prime spot just 10km east of Brisbanes CBD, its conveniently situated close to bus stop, park, near the famous Oxford Street Mall, offering excellent amenities and picturesque views of the Brisbane River.
This medium-sized community has minimal public facility obligations, ensuring hassle-free management. With a long 23-year agreement, no set office hours, and no need to purchase an onsite manager's residence, this opportunity caters to both first-time buyers and experienced operators to add on.
Dont hesitateact now and secure this rare opportunity! Contact exclusive agent today for more details.
More Information
- Total Purchase Price: Consider reasonable offers. Contact agent.
- Net Income: $ 121,500
(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