688

Management Rights
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Motels / Hotels
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Caravan Parks
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882

Investment Property
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Exclusive

Prestigious Caretaking Only

$1,175,000

Caretaking management rights, Pelican Waters QLD

Resort Management Sales proudly and exclusively present the unique management rights /caretaking only business opportunity for Harbourlights, a prestigious gated complex located in the highly sought-after suburb of Pelican Waters, Caloundra in the heart of Australias Sunshine Coast. The complex is easily maintained with garden services limited to caretaking the nature strip and internal lawn and gardens on the road edges and will be an excellent opportunity for those looking for a semi- retired lifestyle, or a young couple where one or both work outside of the business.

More Information

Financial Overview

Total Purchase Price: $1,175,000
Net Income: $ 46,834 (actual)
_{This is the combined total income acheived by the business after expenses, before tax.}
Included Real Estate: $ 975,000
_{The value of on-title property included with the business. Its price is included in the Total Purchase Price.}
Multiplier: 4.3
_{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: TBC
_{Number of units the manager is authorised to manage.}

Owner Occupiers: 25
_{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: 1
_{Number of units being rented by other agents (these could potentially be acquired by the manager).}

Units In Complex: 26
_{The total number of units within the complex.}

Caretaking

Remuneration: $ 52,614
_{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: 24 years
_{How long remains on the caretaking contract before it must be renewed?}

Agreement Age: 21 years
_{How long has the management rights existed.}

Office Hours: None set
_{Required Office Hours}

Complex Features: The complex is secure and well maintained.Resident facilities include:â¢ Landscaped tropical gardensâ¢ A large, swimming pool â¢ Secure, gated complexâ¢ Pets allowed

Real Estate Component

Manager's Unit: 3 2

Included Real Estate: $ 975,000
_{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: The freestanding managerâs unit is unusually large, featuring three comfortable bedrooms, a well-designed ensuite bathroom and two living areas. The property is fully air-conditioned and features a large private outdoor patio and fenced yard for a pet.