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BUSINESS ONLY | No Requirement to Live Onsite | Big Body Corp Salary
$570,000
Permanent management rights, THORNESIDE qld
This secure complex offers high salary and stable income, 100% occupancy in a high-rental-demand area. The agreement includes CPI salary increase, an excellent Body Corporate, and a supportive committee.
Consistent Income No vacancies, strong rental history
Growth Potential Perfect addition to your portfolio or a great start for a newcomer
Prime Location Near schools, childcare, transport, and shopping
Easy Management Secure complex with a cooperative committee
Growth Potential: Opportunity for extra income R&M, Bond Clean and growing letting pool
Inspection: Contact The SIRE Team now to arrange a viewing and explore this opportunity further.
More Information
- Total Purchase Price: $570,000
- Net Income: $ 87,403
(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