Multiplier 3.37
$1.239M - Multiplier 3.37
Permanent management rights, Upper Coomera QLD
Business Asking: $614,000
BC Salary: $86,264 Net Income $182,169
No Fixed Office Hours: Work-life balance redefined
18+ Years Agreement with Top up potential
Good Community Relations: Healthy partnership with Body Corporate
Manager's Residence Asking$625,000 Features
3 Bedrooms, 2.5 Bathrooms, 1 Study
Extra Living Space Upstairs
Garage + Private Yard
On-Title Office/Reception
Benefits
Flexible Work Hours: Adapt schedule to your lifestyle
18-Year Stability: A secure future
Spacious Managers Unit: Live comfortably with space and privacy
Reliable Income: BC salary increases yearly
High Rental Demand: Consistent tenant interest
Easy Caretaking: Suitable for all experience levels
Supportive Body Corporate: A cooperative business climate
Grab this chance to dive into a role that blends stability, income, and lifestyle in a sought-after location! Call 0404 331 310 For A Private Inspection Now
More Information
- Total Purchase Price: $1.239M - Multiplier 3.37
- Net Income: $ 182,169
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 625,000
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?