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Cambridge Heights, a great add on or introduction to the MR industry | Resort Brokers ID : MRC008178
$360,000
Permanent Management Rights, Arundel QLD
ResortBrokers presents a prime investment opportunity in the Cambridge Heights Management Rights, located in the secure community of Arundel.
This business-only investment offers a strong 20% ROI and a secured body corporate salary of $67,600. With well-maintained, low-maintenance gardens, a long-term agreement of 21 years and no onsite office hours, this opportunity provides flexibility, stability, and strong returns.
No real estate purchase required.
- Business-only management rights in Cambridge Heights
- Strong 20% ROI on a $380,000 investment
- Secured Body Corporate Salary of $67,600
- Located in a secure, gated community in Arundel
- Low-maintenance, well-maintained lawns, and gardens
- Long-term agreement of 21 years under the accommodation module
- No onsite office hours for flexible management
- No real estate purchase required
- Inspection by appointment only
Date updated: 20 Nov 2024 22:00:01
More Information
- Total Purchase Price: $360,000
- Net Income: $ 78,000
(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