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Benowa Gold! | SIRE Management Rights
Business Asking $750,000 + Manager Unit At Valuati
Permanent management rights, Benowa QLD
The perfect Permanent Letting Management Rights is just a short drive from the lights and glamour of Surfers Paradise. Tenants love the relaxed sophistication of Gold Coast living and federation style townhouses. Excellent location for school catchments.
The Managers four bedroom, three bathroom townhouse is tastefully decorated with high standard of finish.
This is a proven performer, well suited to either new entrants to the industry or experienced managers.
Within minutes youre captured by Surfers Paradise, beaches where golden shores meet the blue swells of the Pacific Ocean, the lure of Jupiters Casino and the excitement of shopping at Pacific Fair. The position is ideal! On your doorstep are local primary and secondary schools, two universities, extensive shopping, Private hospital, health and recreational facilities and the Gold Coast Turf Club, home of the magic millions. The current managers are retiring after enjoying a great lifestyle and business investment.
To arrange an inspection or information please call/TXT the SIRE Team: 0404 331 310
More Information
- Total Purchase Price: Business Asking $750,000 + Manager Unit At Valuati
- Net Income: $ 168,403
(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