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Prime Management Rights Business with low multiplier
$720,000
Permanent management rights, Aspley QLD
An outstanding opportunity to acquire the management rights business, featuring a spacious 2-storey townhouse. This property is ideal for investors or owners looking for an attractive blend of value and prime location.
This business opportunity offers a stable income stream with the added benefit of a well-positioned townhouse in a desirable location. The propertys proximity to amenities and public transport enhances its rental appeal, making it a sound investment for those seeking both financial returns and a comfortable lifestyle.
Key Features:
Prime Location: Situated just a few minutes' walk from bus stops, restaurants, and shops, making it a desirable choice for tenants. It's also close to a primary school, high school, and local market
Gated Complex: The complex boasts well-maintained gardens, a communal pool, and a secure, friendly neighbourhood atmosphere.
Ample Parking: Includes a single garage with internal access and additional space for vehicles.
For more information or to schedule a viewing, please contact Cynthia 7 517 to seize this unique chance to own a management rights business!
More Information
- Total Purchase Price: $720,000
- Net Income: $ 40,000
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 640,000
The value of on-title property included with the business. Its price is included in the Total Purchase Price. - Multiplier: 2.0
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?