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High Net $144,737 Few Hours Simple Work
$1,451,000
Permanent management rights, Merrimac QLD
4 Beds Modern Townhouse & Easy Income
Management Rights for sale
- Only 2 to 3 hours per day averagely
- Very simple caretaking job Less facilities
- No set office hours, Flexible at your own pace.
- Lots of work paid by body corporate
- Body corporate salary $65,825 + GST
- Excellent foundation has been made by the present manager.
- High net profit is $144,737
- All Permanent rentals with letting pool 19, outside agents 6.
- 25 years long-term agreement, with 22 years remaining.
- Double story modern Townhouse with 4 bedrooms, 2 bathrooms, plus 1 more toilet, 2 car accommodations, 3 aircons, coming with large backyard.
- Separate office attached.
- Pet friendly, the modern complex.
- Peaceful very good environment and convenient location.
If you want quality spacious living and simple flexible work with good income at home, or 2nd part-time good income, this is the opportunity you cant afford to miss.
Net Profit: $144,737
Total Asking Price: $1,451,000
(Inclusive of manager's real estate)
More Information
- Total Purchase Price: $1,451,000
- Net Income: $ 144,737
(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: 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