Add On Permanent Management Rights! EXCLUSIVE!
EOI
Permanent management rights, Lutwyche QLD
SIRE Management Rights is delighted to present to market this near new Add On Management Rights.
The business presents as the perfect opportunity to add to existing portfolio or dip your toe into the industry with small outlay. With a long tenure of 22 years and a solid Body Corporate remuneration, this opportunity is a must-consider. Contact now with your enquiries before this opportunity gets snapped up.
Well served by buses , Brisbane Airport Link and Northern Busway
Nearly new building with very minimum facility to look after
No pool, no office hours, Contact The SIRE Team for an inspection now or more information.
More Information
- Total Purchase Price: EOI
- Net Income: $ 79,335
(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