Proudly supported by all of the industry's leading brokers
Perfect location with High Remuneration
$2,830,000
Permanent management rights, Nundah QLD
Nundah, located less than 10km from the CBD and a mere 10 minutes from Brisbane airport, embodies the perfect blend of urban convenience and suburban serenity. With seamless access to the city, highways, train stations, public transport, parks, and schools, it ticks every box for convenience. Enjoy many essential amenities, trendy cafes, and shopping centres right at your doorstep.
Long agreement over 23 years and the remuneration is over 200k to make the business is solid and stable. There's ample potential for growth in the letting business.
This spacious, open-plan 2-bedroom plus study manager unit features with an exclusive use generously sized office reception. It seamlessly combines both income generation and comfortable living. If you're seeking substantial earnings and stable remuneration, this opportunity is not to be overlooked. Contact our exclusive agent for further details and to schedule your inspection today.
More Information
- Total Purchase Price: $2,830,000
- Net Income: $ 348,672
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 760,000
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?