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Add on management rights, Not Unit to Buy
$370,000+
Permanent management rights, Fortitude Valley QLD
Boost Your Income with These Exceptional Management Rights
Steady Rental Income: Enjoy stable and growing rental returns.
Minimal Caretaking Duties: Currently just 1 hour per day, 3 days a week.
Highly Rentable Units: Easy to rent, ensuring consistent occupancy.
Prime Location: Close to public transport, excellent schools, top-notch restaurants, and essential infrastructure.
Freshly Topped-Up Agreements: Fully extended for maximum term.
Seller Retiring: Motivated to sell and open to all reasonable offers.
Contact The SIRE Team today for more information or to arrange a private inspection! Don't miss this incredible opportunity to secure an income-generating, low-maintenance investment!
More Information
- Total Purchase Price: $370,000+
- Net Income: $ 75,611
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 0
The value of on-title property included with the business. Its price is included in the Total Purchase Price. - Multiplier: undisclosed
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