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Wynnum West Off The Plan Apartment
$1,772,500
Off The Plan management rights, Wynnum West QLD
The 5 storey apartment building has ideal location in Wynnum West, in close proximity to proposed future upgraded Wynnum Plaza. Wynnum West is only 25 mins away from Brisbane CBD and approximately 60 minutes from the beautiful Gold Coast.
Features:
Pool facilities and sun lounges
Rooftop terrace and garden with 360 degree views
Gym with 24 hour access
Spacious undercover BBQ terraces
Directly adjacent to local school and plaza
Brisbane CBD only 17km
More Information
- Total Purchase Price: $1,772,500
- Net Income: $ 0
(projected)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 975,000
The value of on-title property included with the business. Its price is included in the Total Purchase Price. - Multiplier: 0.0
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?