North Lakes, Queensland
$248,988 Net - Multiplier 3.97 In North Lakes - ID 9115
Mid to high 1 million
Business Description
Permanent Management Rights for sale
$248,988 Net in Brisbane Northside
- No requirement to live onsite,
- Live onsite or rent it out for additional rental income, it is all up to you.
- No set office hours.
- Less and easy work with very few hours. All at your own pace.
- Great operation in place, the flexibility to do by yourself in your spare time and keep doing what you do by earning great additional income.
- Great potential to increase more profits.
- Residential plus commercial body corporate salaries, total $154,738 + GST, making up large percentage of the total net income, financially stable and secure
- Large modern stylish apartments with 2 bedrooms, 2 bathrooms, 1 car accommodation, 2 air-cons.
- Super convenient location, close to restaurants, shops, medical centre, pharmacy, public transport, major highway, and shopping centre.
- Pet friendly, beautiful modern complex.
The seller has made commitment about other overseas business, urgent sale, asking price of mid to high 1 million ( including excellent manager’s residence ).
If you’re looking for a high-return, easy, and flexible business with great living conditions, this is the one for you.
Net Profit: $248,988
Total Asking Price: Mid to high 1 million
For further information or to arrange an inspection of this Brisbane management rights business for sale contact:
Management Rights Broker
Bill He
Property Code: 937
Business Summary
Business Snapshot
Price: Mid to high 1 million
Net Profit: $248,988 Remuneration / Body Corp Salary: $154,738
Managers Unit
Value of Managers Apartment: $660,000Bedrooms: 2Bathrooms: 2Car Spaces: 1Pets OK: YesComplex Information
Complex Type: n/aPool: YesGym: YesBBQ Area: Yes
Key Investment Insights
- Net profit of $248,988, making it a high-return business opportunity.
- Multiplier of 3.97, indicating a good return on investment.
- No requirement to live onsite, giving the buyer flexibility in their living arrangements.
- Potential to increase profits with additional income streams.
- Easy and flexible work with minimal hours.
- Residential and commercial body corporate salaries make up a large percentage of the total net income, providing financial stability.
- Modern and stylish apartments with 2 bedrooms, 2 bathrooms, and 1 car accommodation.
- Convenient location close to amenities such as restaurants, shops, medical center, and public transport.
- Pet-friendly complex.
- Urgent sale due to seller's commitment to other overseas business.
- Manager's residence included in asking price.
- Great living conditions for the buyer.
Management Rights Multiplier: 3.98
ROI Estimate: 25.15%
