Unlock Lucrative Returns with Effortless Part-Time Opportunities - ID 9115
$1,844,999
Permanent management rights, North Lakes QLD
Permanent Management Rights for Sale
Maximize Your Earnings with Significant Income Growth Potential
- Achieve a net operating profit of $256,449.
- Benefit from a residential body corporate salary of $109,146 plus GST, complemented by an additional commercial salary of $30,000.
- Leverage a well-established operation for additional income, providing flexibility to align with your lifestyle.
- Unlock the potential for increased profits and financial success.
- Revel in the pet-friendly atmosphere of a beautiful, modern complex.
- Take comfort in a large, modern apartment featuring 2 bedrooms, 2 bathrooms, 1 car accommodation, and 2 air-conditioning units.
- Embrace the convenience of a prime location near restaurants, shops, medical centres, pharmacies, public transport, major highways, and shopping centres.
- Say farewell to set office hours run your property at your own pace.
- Tailor your living situation whether you choose to reside onsite or generate additional rental income, it's entirely up to you.
- Discover the freedom of managing your property without the requirement to live onsite.
- Enjoy a hassle-free workload with minimal hours, allowing you to work comfortably on your own schedule.
Embark on a high-return, easy, and flexible business opportunity with exceptional living conditions a chance you simply can't afford to overlook. Secure it now for just $1,845,000, inclusive of a superb manager's residence. Act swiftly, as great opportunities don't linger.
Net Profit: $256,449
Asking Price: $1,845,000
(Inclusive of manager's real estate)
More Information
- Total Purchase Price: $1,844,999
- Net Income: $ 256,449
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 470,000
The value of on-title property included with the business. Its price is included in the Total Purchase Price. - Multiplier: 5.4
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?