Lifestyle Management Rights!
$2,986,690
Permanent management rights, Buderim QLD
Unique Investment Alert on the Sunshine Coast
Flexible & Profitable:
Currently the owner lives off-site with the manager's house rented out providing an additional $35,360 p.a on top of the Net Profit.
No set office hours.
$406,671Net Profit easily run by a couple with $183,776 annual CPI Salary Increases.
EasyMaintenance:
The complex has no gates, only 2 swimming pools
20-Year Stability:
Long-term agreements ensure sustained success
Prime Location:
Easy access to university,cafe, gym,brand new Coles and best schools the Sunshine Coast has to offer such as Sienna Catholic College, Matthew Flinders Anglican College and Chancellor State College.
Viewing by Appointment:
Discover your next business venture
Business Asking:$2,236,690 Negotiable
Standalone Manager's HouseFeatures:
4Bedrooms, 2.5 Bathrooms
Extra Living Space
Double Lock Up Garage + Private Yard
Office On-Title
Asking $750,000 Negotiable
Call0404 331 310 For A Private Inspection Now
More Information
- Total Purchase Price: $2,986,690
- Net Income: $ 406,671
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 750,000
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.
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?