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Very Rare Business Only Sunshine Coast 23% ROI
$1,620,000 - Business Only
Permanent Management Rights, PARREARRA QLD
Unlock a Premier Investment Opportunity on the Sunshine Coast!
Are you ready to step into a profitable investment in one of Australias most stunning regions? This is your chance to acquire the business-only management rights for a thriving and centrally located complex, offering an exceptional blend of tranquility and urban convenience.
Prime Location:
Nestled in the heart of the Sunshine Coast, this complex provides residents with the perfect balance of peaceful living and proximity to essential amenities. Its location makes it highly attractive to many tenants, ensuring consistent occupancy and demand.
Managerial Residence:
While this is a business-only opportunity with no real estate purchase required, the complex exudes the premium Sunshine Coast lifestyle. Surrounded by natural beauty and close to the region's top attractions, its a magnet for residents seeking both comfort and convenience.
Sunshine Coast Lifestyle:
Immerse yourself in the vibrant culture and natural wonders of the Sunshine Coast. From pristine beaches and lush hinterlands to a diverse array of recreational activities, cultural events, and world-class dining experiences, this region offers something for everyone.
With a strong net profit and a reliable income stream from the Body Corporate salary, this is a rare and exceptional investment opportunity. Don't miss your chance to own the management rights to Ocean Reach, a flourishing complex in the heart of the Sunshine Coast.
More Information
- Total Purchase Price: $1,620,000 - Business Only
- Net Income: $ 354,800
(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