RELAXED COUNTRY LIFESTYLE - CITY INCOME - PERMANENT MANAGEMENT RIGHTS

$2,090,000

Permanent management rights, Beaudesert QLD

Enjoy a peaceful country lifestyle with Gold Coast beaches and Brisbane CBD only 1 hour away. This is a unique Management Rights opportunity to secure an easy to run profitable business located in the Scenic Rim town of Beaudesert.

This complex consists of 78 townhouses, 69 of which are in the vendors letting pool. To add to the business the vendor also has another 19 external houses in a new estate just a short drive away, with the possibility of adding to this in the future. This region is booming due to affordable house prices / rents and proximity to major cities.

With no set office hours, 22-year agreement in place and with a great net profit over $328,000 the business is sure to meet the requirements of discerning investors. To complement this is one of the best managers residences you will find, a very stylish 4-bedroom freestanding home spanning over two levels.

- Long Agreements
- Outstanding Residence
- Easy workload
- Peaceful location close to golf course
- No set office hours
- 1 hour to Beach or City
- Net Profit $328,000+

Call now for more information or to arrange an inspection, you wont be disappointed.

More Information

Financial Overview

Total Purchase Price: $2,090,000
Net Income: $ 328,043 (actual)
_{This is the combined total income acheived by the business after expenses, before tax.}
Included Real Estate: $ 595,000
_{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.}

Letting Business

Letting Pool: 69
_{Number of units the manager is authorised to manage.}

Owner Occupiers: 7
_{Number of units resided in by their owners.}

Lock Ups: 0
_{Number of units owners are not renting out, but also do not live in.}

Outside Agents: 2
_{Number of units being rented by other agents (these could potentially be acquired by the manager).}

Units In Complex: 78
_{The total number of units within the complex.}

Caretaking

Remuneration: $ 117,304
_{This is the body corporate caretaker salary. It is included in the Net Income above.}

Agreement Term: 25 years
_{How long is the caretaking contract.}

Agreement Remaining: 22 years
_{How long remains on the caretaking contract before it must be renewed?}

Agreement Age: 0 years
_{How long has the management rights existed.}

Office Hours: Contactable
_{Required Office Hours}

Complex Features:

Real Estate Component

Manager's Unit: 4 3

Included Real Estate: $ 595,000
_{The value of on-title property included with the business. Its price is included in the Total Purchase Price.}

Manager's Car Spaces: 2

Office On Title: 1
_{Is there a manager's office included on the title?}

Pets: Yes
_{Can the manager own a pet on site?}

Unit Features: Large modern 4-bedroom 2.5-bathroom freestanding house. Open plan living, dining and well-appointed kitchen, double garage and private back yard.