BAYSIDE REAL ESTATE PRICES ARE INCREASING - ID 8328
$935,000
Caretaking management rights, Manly West QLD
Brisbane Management Rights For Sale
Caretaking Only Opportunity
- Located to the east of Brisbane CBD
- Close to all amenities
- Permanent complex of 42 duplexes and townhouses
- Easy to manage caretaking only business
- No office hours
- No real estate licence required
- Fully renovated 3 bedroom manager's villa
- Office attached and on title
This management rights business presents a great opportunity for a newcomer to the industry or for someone who enjoys flexible employment elsewhere. Great bayside location.
Net Profit: $63,030
Asking Price: $935,000
(Inclusive of Manager's Real Estate)
More Information
- Total Purchase Price: $935,000
- Net Income: $ 63,030
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 735,000
The value of on-title property included with the business. Its price is included in the Total Purchase Price. - Multiplier: 3.2
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?