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A rare opportunity to secure a well-established and easily managed permanent management rights business in the highly sought-after suburb of Pacific Pines
$1,600,000
Permanent management rights, Pacific Pines QLD
This business offers:
- A secure long-term agreement with solid body corporate relationships
- No set office hours perfect for lifestyle flexibility
- 20 units in the letting pool (subject to confirmation)
- Consistent income stream from both management and letting
- Well-maintained complex with landscaped gardens and quality facilities
- Spacious 4-bedroom, 2-bathroom managers residence with double garage and private yard
Located in a family-friendly community close to schools, shops, public transport, and the M1, this business is ideal for first-time management rights operators or experienced managers looking to downsize without compromising income.
Key Financials and Additional Information Available on Request
Contact us today for a confidential discussion and to arrange a site inspection.
More Information
- Total Purchase Price: $1,600,000
- Net Income: $ 162,223
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 900,000
The value of on-title property included with the business. Its price is included in the Total Purchase Price. - Multiplier: 4.3
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?