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Tack on MR in Ipswich
$366k MR$100k Unit = Total $466k
Permanent Management Rights, RACEVIEW QLD
Ipswich, located in Brisbanes booming western corridor, has fast become one of South East Queenslands most exciting growth areas. Identified as a key urban hub in the Queensland Governments South East Queensland Regional Plan, Ipswich is projected to grow almost three times faster than the rest of the state in the coming years. This presents a rare opportunity to secure a high-quality, low-maintenance investment in one of Queenslands fastest-growing regions.
The business is easily managed off-site by one person and is part of a well-maintained development that consistently attracts excellent tenants. With a 1 bedroom unit, including an office valued at $100,000 and the business priced at $366,000, the total investment delivers a strong net income of $91,705.
This is an ideal opportunity for investors seeking a straightforward, profitable asset with significant potential for future growth, positioned right in the heart of a city on the rise. Opportunities like this are increasingly hard to find in todays market, making this an investment well worth considering.
Ras360 Specialists in Management Rights | Motels | Hotels | Pubs | Parks
More Information
- Total Purchase Price: $366k MR$100k Unit = Total $466k
- Net Income: $ 91,705
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 100,000
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?