Maximize Your Profits with This Unique Seaside Investment Opportunity â ID 8637
$947,157
Resort / Holiday management rights, Bongaree QLD
Discover Your Dream Coastal Home and Secure a Recession-Proof Income for Less Than $1 Million Yes, Seriously!
Management Rights For Sale
CPI Indexed BC Income Keeps Up With Inflation
- Accountant prepared figures up until 30/9/2023 showing net profit of $137,023
- Long Accommodation Module agreements in place - now secure to 31/12/2043
- Motivated vendors looking for a new chapter equals your opportunity
- Small low-rise apartment complex will suit couple looking for a sea-change
- Two bedroom manager's apartment with office and storage areas on title
- Secure undercover parking
- Supportive Body Corporate committee
- Strong forward bookings
Lovely complex in a beautiful location. Your opportunity to secure a growing, sea change lifestyle business
Net Profit: $137,023
Asking Price: $947,175
(Inclusive of Manager's Real Estate)
More Information
- Total Purchase Price: $947,157
- Net Income: $ 137,023
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 495,000
The value of on-title property included with the business. Its price is included in the Total Purchase Price. - Multiplier: 3.3
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?