Permanent Inner City High ROI
1,408,000
Permanent management rights, clayfield qld
I am delighted to offer you this great Permanent Letting Management Rights that is easy to manage suitable for new buyers.
Well priced business price, the return on investment is higher than average.
Are you looking for a permanent management rights that makes a great net income with 24+ years remaining on your agreement?
Is the location important so you have tenants and buyers approach you all the time to rent or invest in your building?
Do you want a friendly Body Corporate?
Are you looking for a building with easy caretaking duties?
If you answered "yes" to the any of the questions above, email or call me today for an private inspection!
The Seller wants to retire, so contact me now to secure this wonderful Management Rights, it won't last long!
The images are for reference and may not depict the actual property to protect our client's privacy.
More Information
- Total Purchase Price: 1,408,000
- Net Income: $ 172,000
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 599,900
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?