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Business & Caretaking only
$270,000
Permanent management rights, Highgate Hill QLD
Brand new community in Highgate Hill! Business & caretaking only!
Located in Brisbane's inner city area, with extremely convenient transportation. Close to Brisbane State High School, Southbank precinct, Mater Hospital and more, offering excellent lifestyle amenities.
Completed just last September, nearly brand new building with no need to purchase a manager's unit, no need to live onsite. Potential to increase the letting pools in future. No set office hour, just common area maintenance. Starting this September, there will be a remuneration increase! Ideal business for buyers looking to add a stable additional income.
Take action now and seize this prime opportunity! Contact exclusive agent for more details.
More Information
- Total Purchase Price: $270,000
- Net Income: $ 50,925
(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