Super High Return $315,000 - ID 9116
$1,990,000
Resort / Holiday management rights, Surfers Paradise QLD
Holiday Management Rights for Sale
Reduced Workload - No Need to Live Onsite
- Do you want a high net income exceeding $315,000, achievable by investing just $1,990,000, which includes a spacious manager's residence?
- Do you want flexible working without set office hours?
- Do you want to live offsite to increase your earnings?
- Do you want the caretaking agreement you may have ever seen?
- Do you want Body Corporate to handle pool maintenance and security, with expenses covered by them?
- Do you want minimal lawn maintenance, eliminating the need for you to tow the garbage bin?
- Almost every box has been checked.
- Body corporate salary is $61,507 with CPI increase, plus GST.
- 25 years full term agreement Holiday rentals with 12 in the letting pool.
- Very spacious managers residence with 2 bedrooms, 2 bathrooms, 2 security underground car spaces, large living area and beautiful courtyard.
Close to beach, public transport, park, shopping center in a very quiet and safe area.
Stop looking around, this is the one you can't afford to miss.
Get it now or regret it for decades.
Net Profit: $315,000
Asking Price: $1,990,000
(Inclusive of manager's real estate)
More Information
- Total Purchase Price: $1,990,000
- Net Income: $ 315,000
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 780,000
The value of on-title property included with the business. Its price is included in the Total Purchase Price. - Multiplier: 3.8
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?