Southern Area - 4.5 Multiplier Remuneration / Net Profit at 76%

$1,375,000

Permanent management rights, Eight Mile Plains QLD

This business provides a unique and stable income structure, with 76% of total revenue derived from remuneration and net profit. The net profit stands at $140,000, with remuneration totaling $106,000, adjusted annually in line with CPI. Letting pool management commissions bring in an additional $34,000. Business price: $625,000.

-Prime Location: Located in the sought-after Southern District
-Property Management Rights: 19 years remaining, simple to manage and maintain
-No Office Hours Required
-Managers Residence: Single-story home on a 328-square-meter lot, featuring 3 bedrooms, 2 bathrooms, and a double garage, MacGregor State High School catchment, priced at $750,000
-Conveniently Located: Close to highways M1, M2, and M3, Westfield Shopping Center, and schools

Total Price: Business at $625,000 with a 4.5 multiplier, combined with residence for a total of $1,375,000.

DISCLAIMER
The agent gives notice that:
1. The figures and information disclosed in this Information Memorandum are provided by the vendor. All intending purchasers are to make their own enquiries and assessments as to the accuracy or otherwise of the information supplied by the vendor.
2. It must be noticed that agent has no access to full sets of accounts or legal documentation for verification purposes. No liability for the information will be accepted by the agent and parties should make their own investigations as to the accuracy of these figures and information.