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Caretaking and Letting only!!
$234,000
Permanent management rights, Carrara QLD
Permanent Complex in Prime Location.
This is a beautifully presented gated and boutique complex which is both family friendly and pet friendly, located close to a shopping centre, less than a minute away from the M1 Motorway, approximately a 15 minute drive to Broadbeach, and approximately a 10 minute drive to Burleigh and Chevron Island.
No need to live onsite with no office hours, allowing one person to undertake the duties so that the other partner/husband/ wife could still keep their full time job. Long term agreements in place, minimal lawns and gardens and an excellent body corporate.
To arrange an inspection please call: Gavin - 08854 or email:
Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.
More Information
- Total Purchase Price: $234,000
- Net Income: $ 61,400
()
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: 3.8
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