Proudly supported by all of the industry's leading brokers
Live the perfect balance of business and lifestyle at Tudor Rose
$345k MR&$755k Unit = Total $1.1M
Permanent Management Rights, MERRIMAC QLD
Live the perfect balance of business and lifestyle at Tudor Rose a secure caretaking role with a renovated home, just minutes from the beach and premier shopping on the Gold Coast."
Tudor Rose Management Rights in Merrimac, Gold Coast, is an exceptional caretaking-only business opportunity that combines lifestyle and convenience. With a solid annual salary of $94,473 and 22 years remaining on the management agreement, this position offers stability and a manageable workload across 48 units10 of which are managed by outside agents, and can be worked on to get back in the letting pool thus increasing your Nett profit. The package includes a beautifully renovated 3-bedroom, 1-bathroom Townhouse, 1 HUGE office (which could a fourth bedroom) providing modern and comfortable on-site living. There is a very large (very large) backyard with big shed, with landscape gardens. This space offers room for a fire pit, complete with bench seating for a perfect outdoor entertaining area.
Located just 10 minutes from the famous Gold Coast beaches, Tudor Rose is also close to premier shopping hubs like Robina Town Centre and Pacific Fair, as well as top-tier schools, parks, and dining options. This makes it a perfect balance of business and leisure, providing a prime investment opportunity for first-time management rights buyers or experienced operators.
With its manageable duties, excellent location, and long-term security, Tudor Rose is an outstanding choice for anyone looking to secure a lifestyle-rich business venture on the stunning Gold Coast. Can be run by one person with no office hours.
Call Kerrie Lush 93
More Information
- Total Purchase Price: $345k MR&$755k Unit = Total $1.1M
- Net Income: $ 94,473
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 755,000
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?