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EASY Business and LARGE Remuneration with 3% annual increase!
$1,293,000
Permanent management rights, Moorooka QLD
Well-presented townhouses with very convenient location
Only within 10km to Brisbane's CBD, Sunnybank Central, Garden City Westfield, ndooroopilly Westfield and Southbank Parkland
Close to Train, Bus, Schools, Day Care, Shops&Parks...
Easy access to Freeways, Brisbane Airport&much more, you will love the outstanding relaxing and easy lifestyle surrounded by all the family conveniences
Body Corporate is supportive to work with
No Office hours, giving you a flexibility for other job and more family time
EASY! Small letting pool
This complex is easily managed by one person
Large Remuneration $96,756 annually with CPI or 3% annual adjustment, which is greater
20 years left on the agreements
Managers unit is a modern and spacious villa! With plenty of space and comfort! Features as follows,
-3 Bedrooms, 2.5 bathrooms, single remote garage and driveaway parking
-Large Master bedroom
-Air Conditioning
-large outdoor entertainment area
-Fully fenced backyard
Simple, Neat and Tidy!
This would be a perfect opportunity to secure a solid income and lifestyle business, it ticks all your boxes. Please book your inspection immediately with our NEXT team.
More Information
- Total Purchase Price: $1,293,000
- Net Income: $ 124,646
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 670,000
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?