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A serene and peaceful Management Rights in Coombabah | Resort Brokers ID : MR008518
$1,100,000
Permanent Management Rights, Coombabah QLD
Just minutes from Harbour Town shopping precinct and the Broadwater, Sussex Park is ideal for first-timers or semi-retirees.
With low-maintenance duties, this investment brings 23 years remaining of the accommodation module, aiding your long-term investment.
The complex features 22 owner occupiers ensuring a reliable income stream.
The manager's residence, a spacious 4-bedroom, 2-bathroom home with exclusive garage and storage use, adds to the appeal.
Don't miss this unique blend of business and lifestyle in the management rights industry.
- Secure and tranquil complex nestled in the heart of Coombabah
- Perfect opportunity for first-time investors or semi-retirees
- Minimal maintenance is required for lawn, garden, and pool
- Long-term investment with a 23-year accommodation module
- Exceptional manager's residence featuring four bedrooms, two-bathrooms, and two car spaces
- Exclusive use of additional garage and storage for the manager
- Inspections are by appointment only
Date updated: 22 Dec 2024 22:00:04
More Information
- Total Purchase Price: $1,100,000
- Net Income: $ 56,088
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 950,000
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
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?