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4 Caretaking Only Businesses with Huge Upside!
$410,000
Permanent Management Rights, MORNINGSIDE QLD
4 Caretaking Only Businesses with Huge Upside Potential!
Expand your Management Rights Business or break into the world of Management Rights with this instant portfolio today! Situated in prime locations within an easy drive of each other and close to Brisbane CBD southside of the river, this is an opportunity you don't want to miss.
Introducing four Caretaking Only businesses with tremendous growth potential. These easily maintainable complexes come with a generous Body Corporate salary across all four businesses. Gardens and pool servicing are currently outsourced, offering the option to either keep these services in place or manage them yourself to maximise earnings.
The vendor is not pursuing any letting, providing a significant opportunity for the incoming purchaser to win back letting pool appointments from outside agents. Additionally, there has been no attempt to top up agreements, leaving substantial potential for increasing the business value.
- Total Body Corporate Salary: $117,527
- Accommodation Module: 15 years remaining on each complex
- ROI over 28%
Enquire today to secure your inspection of these exceptional complexes and fantastic portfolio opportunity. Don't miss outcontact us now!
**Ras360 Management Rights | Motels | Hotels | Pubs | Parks**
More Information
- Total Purchase Price: $410,000
- Net Income: $ 117,527
(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: 3.5
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