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Permanent Management Rights | SIRE Management Rights
5.2 Multiplier and Unit at Bank Valuation
Resort / Holiday management rights, MERRIMAC QLD
Highly sought after, rarely found.......this is a superb permanent management rights business providing you with:
- Spacious Manager's House if you wish to live the building
- Great rental income is you wish to keep the tenants
- Letting pool is very stable, letting number has not changed for the last 8 years
- No fixed office hours
- Minimal Gardens and Common areas NO facilities to maintain
- Great location near central Gold Coast
- Excellent opportunity to further grow the business
This is indeed a rare opportunity - so call today to arrange an inspection and price is negotiable!
More Information
- Total Purchase Price: 5.2 Multiplier and Unit at Bank Valuation
- Net Income: $ 410,838
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 700,000
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.
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
The value of on-title property included with the business. Its price is included in the Total Purchase Price.
Is there a manager's office included on the title?
Can the manager own a pet on site?