Easy to run Permanent Management RIghts | SIRE Management Rights
$564,000
Permanent management rights, Brisbane City QLD
-This rare opportunity has come to secure a solid permanent letting management rights business in the ideal Brisbane CBD location.
-The large proportion of income is from the body corporate salary which increases with CPI every year so you can rest assured your business will continue to grow in net profit
-All of the systems are in place for the simple maintaining of the modern build and designed building
- Not required to live in the building
- NO OFFICE HOURS
-Book an inspection with Richard & Jessica NOW!
More Information
- Total Purchase Price: $564,000
- Net Income: $ 106,868
(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