BRISBANE TOWNHOUSES
$1,588,000
Permanent Management Rights, PARKINSON QLD
A solid residential Brisbane Management Rights business now for sale.
21 years remaining on Management Agreements
Body Corporate salary of over $127,000 p.a. plus GST
This modern townhouse complex located in Brisbane's popular southside suburb of Parkinson has plenty to offer.
Manager's residence is a comfortable 4 Bedroom, 2.5 Bathroom townhouse with 2 Car Spaces.
Conveniently located just a stone's throw away from Calamvale Marketplace and city express bus lines. Within walking distance is Calamvale Community College and Calamvale District Park.
For those seeking a property in an idyllic neighbourhood with easy access to shopping precincts, parks, schools and express public transport, the complex represents the best of both convenient and private living.
Call Bobo Qi today for more info!
More Information
- Total Purchase Price: $1,588,000
- Net Income: $ 169,070
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 698,000
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?