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Management Rights
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  • management rights Brisbane

Permanent Rentals | No requirement to live onsite | High ROI and Growth Potential

Call 0404331310 For Price

Permanent management rights, Newstead qld

SIRE Management Rights EXCLUSIVE!

I am delighted to offer you this great Permanent Letting Management Rights

There is no requirement to buy a manager's unit or live onsite, so the return on investment is higher than average.

Are you looking for a permanent management rights that makes a great net income and allows you to live wherever you want to?

Is the location important so you have tenants and buyers approach you all the time to rent?

Are you looking for minimal caretaking duties?

If you answered "yes" to the any of the questions above, email or call me today for an private inspection!

The Seller wants to retire, so contact me now to secure this wonderful opportunity, it won't last long!

The images are for reference and may not depict the actual property

More Information

Financial Overview

  • Total Purchase Price: Call 0404331310 For Price
  • Net Income: $ 1,196,780 (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.

Letting Business

  • Letting Pool: 139
    Number of units the manager is authorised to manage.
  • Owner Occupiers: 0
    Number of units resided in by their owners.
  • Lock Ups: 0
    Number of units owners are not renting out, but also do not live in.
  • Outside Agents: 0
    Number of units being rented by other agents (these could potentially be acquired by the manager).
  • Units In Complex: TBC
    The total number of units within the complex.

    • Caretaking

  • Remuneration: $ 689,560
    This is the body corporate caretaker salary. It is included in the Net Income above.
  • Agreement Term: 25 years
    How long is the caretaking contract.
  • Agreement Remaining: 21 years
    How long remains on the caretaking contract before it must be renewed?
  • Agreement Age: 0 years
    How long has the management rights existed.
  • Office Hours: No
    Required Office Hours
  • Complex Features:

    • Real Estate Component

    Listing Agent Contact Details

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    • Property ID: 21137837
    • Broker's Ref:
      • =756028
    • Last Update: 3 months ago.
    • Listing Type: Permanent
    • Price: Call 0404331310 For Price
    • Newstead, qld