Merrimac, Queensland

High Net $139,844 Few Hours Simple Work - ID 8997

$1,451,000

Business Description

4 Beds Modern Townhouse & Easy Income
Permanent Management Rights for Sale

- Only 2 to 3 hours per day averagely

- Very simple caretaking job; Less facilities

- No set office hours, Flexible at your own pace.

- Lots of work paid by body corporate;

- Body corporate salary $67,011 + GST

- Excellent foundation has been made by the present manager.

- High net profit is $139,844

- All Permanent rentals with letting pool 18, outside agents 7.

- 25 years’ long-term agreement, with 22 years remaining.

- Double story modern Townhouse with 4 bedrooms, 2 bathrooms, plus 1 more toilet, 2 car accommodations, 3 aircons, coming with large backyard.

- Separate office attached.

- Pet friendly, the modern complex.

- Peaceful very good environment and convenient location.

If you want quality spacious living and simple flexible work with good income at home, or 2nd part-time good income, this is the opportunity you can’t afford to miss.



Net Profit: $139,844
Total Asking Price: $1,451,000
(Inclusive of manager's real estate)

For information or to arrange an inspection of this Gold Coast management rights business for sale contact:

Management Rights Brokers
Bill He

Property Code: 880

Business Summary

Business Snapshot

Price: $1,451,000 Net Profit: $133,575 Remuneration / Body Corp Salary: $55,495

Managers Unit

Value of Managers Apartment: $490,000Bedrooms: 4Bathrooms: 2Car Spaces: 4Office: On TitlePets OK: Yes

Complex Information

Complex Type: n/aPool: YesSpa: YesSauna: YesBBQ Area: YesWIFI: Yes

Key Investment Insights

Management Rights Multiplier: 7.19
ROI Estimate: 13.90%

Listing location
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