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Dream Home & Solid Business Opportunity
$2,680,000
Permanent management rights, Upper Coomera QLD
This is a rare opportunity to secure a highly profitable, low-risk management rights business in the rapidly growing suburb of Upper Coomera. Offering a solid income stream, long agreement, and an exceptional managers residence, this opportunity is perfect for both first-time buyers and experienced operators.
Strong & Stable Business with High Returns
Net Income: $338,350 (includes $4,405 external letting income)
Remuneration: $257,884 Over 77% of net income, ensuring financial security
Annual CPI Remuneration Increases Provides long-term income stability
Secure Long-Term Agreement: Close to 23 years remaining
Spacious & Private Managers Residence
Luxury 4-Bedroom Townhouse Ideal for families or those who appreciate space
Huge Office with Separate Entrance Ensuring privacy for the managers residence
Prime Business Location Office frontage within a business complex, allowing the option to operate a professional real estate office
This solid, stable, and high-yielding business is a rare find in a booming location. Whether youre a first-time buyer or an experienced operator, this is an investment not to be missed! Contact the exclusive agent today for further details and to arrange an inspection!
More Information
- Total Purchase Price: $2,680,000
- Net Income: $ 338,850
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 865,000
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?