BOUTIQUE - ONE PERSON OPERATION
$700,000
Permanent Management Rights, NERANG QLD
This boutique complex is security gated and perfectly located.
20 years remain on Management Agreements.
Roomy 4-bedroom Manager's townhouse with office on title.
No set office hours and a Body Corporate Salary of $32,000.
Plenty of scope to improve net income.
The complex is conveniently situated close to a great choice of schools, Metricon stadium, recreation facilities including Golf Courses and the Royal Pines and Emerald Lakes Resorts. The transit centre provides easy access to Brisbane and throughout the Gold Coast.
A short 15-minute drive to the beach!
No stress here. Contact me for details.
More Information
- Total Purchase Price: $700,000
- Net Income: $ 49,671
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 600,000
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?