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Business Only - $188,740 Net Profit - ID 9185
Business Only $188,740 Net Profit
Permanent management rights, Everton Hills QLD
Permanent Management Rights For Sale
Brisbane Northside - Super Simple Work
- No property attached
- No office hours required
- No need to live onsite
- No responsibility for garbage bin collection
- Only one small, easy to maintain pool and BBQ across two complexes with minimal duties
- Nearly new, modern townhouse complexes with a low maintenance gardens and limited lawn
- Stable high salary of nearly $100,000 with annual CPI increases
- High net profit of $188,740
- Additional income potential
- All permenant rentals: 25 in the letting pool plus 5 external lets and 10 with outside agents
- Long term agreements: 25 years total with 24 and 21 years remaining
An impeccable, easy to manage business offering flexibility and high income. Call now to secure this opportunity and avoid missing out.
Net Profit: $188,000
Asking Price: $1,100,000
More Information
- Total Purchase Price: Business Only $188,740 Net Profit
- Net Income: $ 188,740
(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