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No Facilities, Extremely Simple Duties
Modern, Spacious Freestanding House Included
Permanent management rights, Hillcrest QLD
- No office hours required
- No swimming pool to maintain
- No BBQ area to clean
- No gate for the complex
- Almost no grass to mow
- Modern, spacious freestanding 3-bedroom house
- Flexible hours continue your current lifestyle
- 25-year agreement with 23 years remaining
- Very few hours approx. 7 per week
- Net operating profit around $93,288
- Body Corporate salary of $60,510 + GST
- Extremely simple caretaking only one day per week
- All permanent rentals with a small letting pool of 14 units
- Modern 3-bedroom, 2.5-bathroom freestanding house with double garage
- Three living areas and large private courtyard
- Professional office on title with separate entrances
- Peaceful, convenient location close to public transport and major highways
- Total price only $1,128,000 includes a magnificent 3-bedroom managers residence
This is a truly simple business with an unbeatable list of favorable NOs no office hours, no facilities to maintain and it includes a spacious 3-bedroom house.
Contact us now to secure this rare opportunity.
Net Profit: $65,874
Asking Price: $1,128,000
More Information
- Total Purchase Price: Modern, Spacious Freestanding House Included
- Net Income: $ 93,288
(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