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New Mango Hill OTP
$500,000
Permanent Management Rights, MANGO HILL QLD
The Madison townhouse project by Ausbuild is located within the extremely popular, family-friendly suburb of
Mango Hill, being incredibly close to the excellent infrastructure of North Lakes as well as the bayside lifestyle
opportunities of the nearby Redcliffe Peninsula. Additionally, well-regarded primary, secondary and private
schools, as well as the Mango Hill East Train Station, are all situated within 3-5 minutes drive of the townhouse
complex.
New OTP
Please accompany any offer with your CV.
Experienced managers only please.
31 units all rented. ( There will be claw back) Town Houses
Please contact Robert Collins Exclusive Agent on 78792 or
More Information
- Total Purchase Price: $500,000
- Net Income: $ 125,046
(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: 4.0
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