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Singles Occupied Permanent Complex
$95,000
Permanent management rights, Maroochydore QLD
Simple to operate from home or from an existing Management Rights business.
Perfect add on for existing operator or the semi retired who wants to keep their hand in the rental business.
5 Rental Apartments with 5 individual rentals each, all to single occupiers! A total of 25 rentals under management.
Simple agreements with 9 years remaining.
CPI Salary increases limited to 4%
Body Corporate Salary approx $10,500
Net Profit approx $35,000
Contact Listing Agent for more details.
More Information
- Total Purchase Price: $95,000
- Net Income: $ 35,000
()
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: 2.7
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