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Part-Time One Person Role in Moorooka
$1,405,000
Permanent management rights, Moorooka QLD
This business suits many potential Buyers including those seeking to enter the management rights industry, those looking for a small and easily managed complex with a small workload and those looking for an add-on.
Hightlights Include:
> A solid net profit at $127,704
> A very easily managed 10 in the letting pool
> The real opportunity to sell properties within the complex!
> Manageable grounds & gardens
> All equipment is owned by the Body Corporate
Call Tracie Saks today on 0412 200 422 to have a discussion and to receive the detailed Business Profile and Profit & Loss report.
More Information
- Total Purchase Price: $1,405,000
- Net Income: $ 127,704
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 780,000
The value of on-title property included with the business. Its price is included in the Total Purchase Price. - Multiplier: 4.9
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?