Secure 92% Remuneration Weighted with 22 Years Remaining. The one ticks all boxes

$1,539,000

Permanent management rights, Birkdale QLD

This opportunity offers the ideal balance of business and lifestyle. Perfectly positioned near the prestigious Ormiston College, one of Brisbanes leading schools. This management rights business combines long-term stability with strong growth potential. Families will enjoy the everyday convenience of walking distance to schools, shopping centres, and public transport.

With 92% of net income generated from remuneration, the business provides a secure, low-risk income stream with annual salary increases, along with the potential to build additional rental revenue. The generous four-bedroom managers residence is perfectly suited for family living. A long 22-year agreement and a supportive body corporate, this is a rare chance to secure a highly stable business.

On the market for the first time in over a decade, this is a high-remuneration, low-risk opportunity you wont want to miss. Contact exclusive agent Celine today to arrange your inspection and secure this exceptional business.

More Information

Financial Overview

Total Purchase Price: $1,539,000
Net Income: $ 154,588 (actual)
_{This is the combined total income acheived by the business after expenses, before tax.}
Included Real Estate: $ 799,000
_{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.}

Letting Business

Letting Pool: 7
_{Number of units the manager is authorised to manage.}

Owner Occupiers: 0
_{Number of units resided in by their owners.}

Lock Ups: 0
_{Number of units owners are not renting out, but also do not live in.}

Outside Agents: 0
_{Number of units being rented by other agents (these could potentially be acquired by the manager).}

Units In Complex: TBC
_{The total number of units within the complex.}

Caretaking

Remuneration: $ 142,472
_{This is the body corporate caretaker salary. It is included in the Net Income above.}

Agreement Term: 25 years
_{How long is the caretaking contract.}

Agreement Remaining: 22 years
_{How long remains on the caretaking contract before it must be renewed?}

Agreement Age: 0 years
_{How long has the management rights existed.}

Office Hours: no set office hour
_{Required Office Hours}

Complex Features:

Real Estate Component

Manager's Unit: 4 2

Included Real Estate: $ 799,000
_{The value of on-title property included with the business. Its price is included in the Total Purchase Price.}

Manager's Car Spaces: 2

Office On Title: 1
_{Is there a manager's office included on the title?}

Pets: Yes
_{Can the manager own a pet on site?}

Unit Features: A standalone two-storey, four-bedroom house featuring a secure lock-up garage plus an additional parking space, accommodating two cars.