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Exceptional Investment Opportunity: Management Rights Business
$918,000
Permanent management rights, Kallangur QLD
An excellent opportunity to acquire the management rights business at Kallangur. This investment offers a balanced combination of a stable income and a comfortable lifestyle in a thriving suburb.
Prime Location: the complex is close to schools, shopping centres, parks, and public transport. The convenient access to major roads ensures easy travel to Brisbane CBD and surrounding areas.
Well-Maintained Complex: The property consists of a range of residential units catering to diverse tenants. Residents enjoy access to amenities such as a swimming pool, BBQ areas, and landscaped gardens, creating a secure and welcoming community.
Management Duties: The business includes caretaking and letting responsibilities, providing a reliable income stream. This opportunity is ideal for both experienced managers and newcomers to the industry.
Manager's Accommodation: A comfortable two-bedroom villa is included, allowing for a convenient and integrated management experience.
The suburb's family-friendly environment, excellent amenities, and strategic location contribute to its appeal. The management rights business at this address offers a stable and low-risk investment with potential for growth and capital appreciation.
Features:
Consistent income from established caretaking and letting agreements
Potential for long-term capital growth in a high-demand area
Comfortable manager's residence included
Strong rental market in a growing suburb
For more information or to schedule a viewing, please contact Cynthia at 7 517. Don't miss out on this exceptional opportunity to own a management rights business
More Information
- Total Purchase Price: $918,000
- Net Income: $ 108,000
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 400,000
The value of on-title property included with the business. Its price is included in the Total Purchase Price. - Multiplier: 4.8
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?