Everton Park, Queensland
Easy Business with High Income - ID 9126
$1,175,000
Business Description
Permanent Management Rights For Sale
Popular Brisbane Northside Only 4.5 Multiplier
- No set hours, minimal workload, no swimming pool to maintain
- Flexible business, keep doing what you are doing, earn stable extra income at your own pace
- High Body Corporate salary of $108,000 plus GST.
- All permanent rentals with letting pool of 14, outside agents 3.
- 25 year Accommodation Modue agreement with 21 years remaining.
- Modern Manager's townhouse with 2 bedrooms, 1 bathroom, single car accommodation and large backyard.
- Professional office attached on title.
- Pet friendly, peaceful and beautiful complex.
- Close to shops, bus stops, train station, parks, good schools, major shopping center and hospital. Very convenient location.
Searhing for an easy to run management rights business. This is an opportunity you cannot afford to miss in Brisbane's popular northside.
Net Profit: $128,000
Asking Price: $1,175,000
(Inclusive of manager's real estate)
For further information or to arrange an inspection of this Brisbane Management Rights business for sale contact:
Management Rights Broker
Bill He
Property Code: 756
Business Summary
Business Snapshot
Price: $1,175,000
Net Profit: $128,000 Remuneration / Body Corp Salary: $108,000
Managers Unit
Value of Managers Apartment: $595,000Bedrooms: 2Bathrooms: 1Car Spaces: 1Pets OK: YesModern townhouse with two bedrooms, one bathroom, single car accommodation and a spacious backyard. Office attached and on title.
Complex Information
Complex Type: PermanentTotal Units in Complex: 40Total Units in Letting Pool: 14Owner Occupy Units: 22Outside Agent Units: 3Manager Units: 1Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 21 yearsBBQ Area: Yes
Key Investment Insights
Management Rights Multiplier: 4.53
ROI Estimate: 22.07%
