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GOOD INCOME - COMFORTABLE LIVING
$1,413,000
Permanent Management Rights, PACIFIC PINES QLD
Worthy of your any serious buyer's attention this northern Gold Coast Management Rights for sale in the ever-popular suburb of Pacific Pines has so much to offer. A lovely residential complex with views over the local parklands and very family friendly.
The business income mix offers the security of over 50% of income derived from Body Corporate Salary of over $79,000 (ex GST) within a total net profit of $146,000 plus GST p.a. Potential to increase income by securing other rentals currently held by outside agents.
The Managers' king-size stand-alone Villa is both beautiful and spacious featuring four bedrooms, parking for four cars, large office and a lush tropical garden in a private back yard. Shared body corporate facilities of pool, BBQ and Gym. Perfect for a larger family with plenty of indoor and outdoor living spaces.
Located in a premium position this secure residential gated complex is close to everything you will need, including State schools, Brockman sports oval, cafes, restaurants and tavern. An easy drive to Westfield Helensvale, railway station, theme parks and M1 motorway making commuting to Brisbane and the heart of the Gold Coast an absolute breeze.
With no set working hours and plenty of quality prospective tenants always on hand the incoming manager is sure to enjoy a successful and fulfilling business / lifestyle balance.
More Information
- Total Purchase Price: $1,413,000
- Net Income: $ 146,346
()
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 840,000
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?