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Large management rights business with high income $550k
EOI
Permanent management rights, Goodna QLD
This vibrant community beckons with its proximity to local amenities, schools, parks, and excellent transportation options. Presenting a rare chance to acquire the permanent management rights business of a prestigious complex, boasting modern design and top-notch features.
Features:
Prime Location: Nestled near local shops, schools, parks, main roads, and public transport hubs.
Each meticulously designed, with four-bedroom townhouses, offering ample space and comfort.
Modern Design & Finishes: Exuding contemporary elegance, ensuring resident satisfaction and long-term value.
Complex Amenities: Enjoy resort-style living with a swimming pool for relaxation, three BBQ areas for social gatherings, and a secure gated complex for peace of mind.
Visitor Parking: Convenient parking options for guests and visitors, enhancing accessibility.
Fully Tenanted: The complex is complete and boasts full occupancy, ensuring a stable income stream from day one.
Quality Tenants: With a high demand in the area, securing quality tenants is a breeze, minimizing rental vacancies.
Letting Pool: 160 units, presenting significant growth potential and steady income.
Don't miss out on this exceptional opportunity to own a thriving permanent management rights business. With its unbeatable location, modern amenities, and high occupancy rates, this investment promises both immediate returns and long-term prosperity.
For more information and to schedule a viewing, contact us today. Opportunities like this are rare seize the chance to secure your financial future!
More Information
- Total Purchase Price: EOI
- Net Income: $ 558,778
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 680,000
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?