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PRIVATE COMMUNITY- HOME+INCOME-GUARANTEED: WORK-FROM-HOME.
$775,000
Permanent management rights, Greater Wide Bay Region
Presenting Bay Village, Hervey Bay as an exceptional opportunity that features a four-bedroom residence that offers both a modern home, with an annualised income of $64,318 which increases each year. This opportunity is Perfect and easily managed by one person or a couple. Ideal for those considering a second income or retirement top up.
This well-run business comes with 4-Bedroom modern home, two bathrooms and double car garage all within walking distance of Beautiful Hervey Bay, Queensland.
The Rights operate as a caretaking- only- model that removes the need for a real estate license and trust accounting. Thus simplifying the management process as a lifestyle and financially attractive proposition for that special couple seeking a moder up to date home and income that is fully set up.
The decision to invest in Bay Village is far more than lifestyle choice as the offer includes ongoing lifestyle enjoyment, freedom that includes no set office hours, a security of a gated community, and the convenience of being waking up to the beach, shopping, and cafes of Sunny Hervey Bay.
This is a rare opportunity to secure a home, with business that offers an ongoing perfect blend of work and lifestyle. So, do not miss this unique investment opportunity at Bay Village, Hervey Bay.
Four-bedroom residence, recently painted, with a substantial annual income of $64,318 - a perfect home ownership opportunity with guaranteed income to offset mortgage/ living expenses.
Simplified management with a caretaking-only model - no real estate license or trust accounting required.
Flexible lifestyle with no set office hours - manage your time as you please.
Annual remuneration increases in line with CPI - a secure and growing income stream.
Low-maintenance gardens complemented by a pool and barbecue area - easy upkeep with one-person.
Secure living in a gated community tailored for mature residents - peace of mind and a sense of community.
Prime location near the beach, shops, and cafes - convenience and lifestyle at your doorstep.
Inspections by appointment only.
More Information
- Total Purchase Price: $775,000
- Net Income: $ 62,318
(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