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High Yield Management Rights Near Sunnybank - ID 9159
$4,420,000
Permanent management rights, Algester QLD
Permanent Management Rights For Sale
Rare Investment Opportunity
Unlock a premium investment in one of Brisbanes most in-demand areas. This management rights opportunity delivers strong financial performance and excellent long-term potential, located just minutes from the bustling heart of Sunnybank.
This well-established complex boasts consistently high and increasing rental demand/income and streamlined operations. Secure agreements and strong ties with the body corporate make for a smooth, low-stress business environment.
With all systems and procedures well established and an experienced team that is ready to stay on, this is the perfect complex for an investor who wants a business that is easy to transfer/continue while giving great returns.
- Net Profit: $637,500 (Industry accountant verified figures)
- Return on Investment: 14.4%
- Total Asking Price: $4,420,000
- Multiple: 5.6 (Very low for high income complex)
- Letting Pool: 140 modern townhouses
- Efficient Operations: Reliable systems in place to ensure seamless day-to-day management, with long term, experienced manager who wants to continue management
- Secure Agreements: Long-term agreements with 23 years remaining
- Strong Community Ties: Cooperative and professional relationship with the body corporate, with no significant issues
- Low Maintenance Requirements: Tidy, well-designed common areas keep upkeep simple, with contract gardeners in place
- Onsite Amenities: Pool, gym, and CCTV security system add to tenant appeal
- Managers Residence: Spacious, freestanding 4-bedroom townhouse with a dedicated office, double garage, and generous outdoor spaces. Very comfortable and modern.
- Flexible Lifestyle: No set office hours allow you to manage the business your way
A rare opportunity to invest in a high-performing asset in a fast-growing area. Perfect for experienced operators or savvy investors looking to expand their portfolio with a quality, high-return property.
Net Profit: $637,500
Reduced Asking Price: $4,420,000
(Inclusive of Manager's Real Estate)
More Information
- Total Purchase Price: $4,420,000
- Net Income: $ 637,500
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 850,000
The value of on-title property included with the business. Its price is included in the Total Purchase Price. - Multiplier: 5.6
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?