Management Rights Opportunity in Clermont, QLDArguably the best value Management Rights in QLD!

$550K MR$300K Unit = Total $850K

Permanent Management Rights, CLERMONT QLD

Management Rights Opportunity in Clermont, QLD.
Arguably the best value Management Rights in QLD! Vendor is extremely negotiable and will consider any reasonable offer, as he is committed elsewhere.

Clermont Apartments, 500m from the CBD and golf course. Clermont is a key town in the Isaac region, serving as a major hub for the large coal mines and agricultural properties in the area. Known for its strong sense of community, Clermont offers a charming rural lifestyle with all the essential amenities. The region is renowned for its natural beauty, including nearby parks, lakes, and a vibrant local culture, making it an ideal place for those looking to enjoy a peaceful yet connected country life.

Details:
- BC Salary: $114,473
- Adjusted Net Profit: $182,951 = 21.4% ROI
- Accommodation Module: 22 years remaining
- Total Units: 81, Letting Pool Units: 50

Managers Residence: This standalone, low-set villa features a reception/office with a separate entry, double garage, open plan living area, modern kitchen, and a separate dining room (or family room). It includes three bedrooms, a main bathroom, an ensuite to the main, a patio and a yard. The villa is equipped with ducted air conditioning, ceiling fans, security screens, carpeted bedrooms, and ceramic tiles in other areas and bathrooms.

For those seeking a country change at an excellent price and lifestyle, please get in touch!

** Ras360 Property Solutions Specialists in Management Rights | Motels | Hotels | Pubs | Parks **

More Information

Financial Overview

Total Purchase Price: $550K MR$300K Unit = Total $850K
Net Income: $ 182,951 (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.}

Letting Business

Letting Pool: 50
_{Number of units the manager is authorised to manage.}

Owner Occupiers: 5
_{Number of units resided in by their owners.}

Lock Ups: 0
_{Number of units owners are not renting out, but also do not live in.}

Outside Agents: 25
_{Number of units being rented by other agents (these could potentially be acquired by the manager).}

Units In Complex: 81
_{The total number of units within the complex.}

Caretaking

Remuneration: $ 114,473
_{This is the body corporate caretaker salary. It is included in the Net Income above.}

Agreement Term: 25 years
_{How long is the caretaking contract.}

Agreement Remaining: 22 years
_{How long remains on the caretaking contract before it must be renewed?}

Agreement Age: 0 years
_{How long has the management rights existed.}

Office Hours: nil
_{Required Office Hours}

Complex Features: Clermont is a rural town in the Isaac region in Queensland and is a major hub for the large coal mines in the region as well as serving agricultural properties. Clermont Apartments is located 500m from the CBD and the golf course.0