Proudly supported by all of the industry's leading brokers
Exceptional Management Rights Opportunity in Beautiful Scarborough
$1.25M MR&$100k Office = Total $1.35M
Permanent Management Rights, SCARBOROUGH QLD
Discover an exceptional investment opportunity in Scarborough with this management rights business, featuring an office on title. With a net profit exceeding $242,247 and a Body Corporate salary of $212,923 (from a mix of residential and commercial agreements), this business is easy to manage and offers an impressive 17.9% return on investment. There are no office hours or unit purchases required, though the office must be acquired for $100,000. Its rare to find a complex in Brisbane with such a high return.
- Agreement Term: 17 years remaining on a 25-year agreement.
- Rentals: 14 units
- Body Corporate Salary: $212,923 from a mix of residential ($184,496) and commercial ($28,427) agreements
Located in the picturesque seaside suburb of Scarborough, north of Brisbane, this property is perfectly positioned along a beautiful coastline. Scarborough is renowned for its serene beaches, lively caf culture, and strong community spirit, making it a desirable destination for both residents and investors alike.
This rare opportunity is listed by Robert Collins of Ras360 Property Solutions. Dont miss the chance to secure high-return management rights in this prime location.
**Ras 360 Property Solutions - Management Rights | Motels | Hotels | Pubs | Parks**
More Information
- Total Purchase Price: $1.25M MR&$100k Office = Total $1.35M
- Net Income: $ 184,496
(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