Great Solid Stable Income over 92% of total net income
860,000
Permanent management rights, Wynnum QLD
This is the business tick everything.
- Good locations: walking distance to retail shops, shopping centre, pharmacy, bus stop, train station, park and beach.
- Solid Income: The remuneration and stable income is over 92% of total net income
- Letting Pool: Currently only 5 in the letting pools, big opportunity to grow the letting business
- Long Agreement: 22 years remainder agreement
This is the one tick perfectly tick all the consideration. Call exclusive agent, Celine for further information before it's gone.
More Information
- Total Purchase Price: 860,000
- Net Income: $ 139,000
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 0
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?