CARETAKING ONLY EASY TO RUN BUSINESS - START SMALL TO BUILD BIG! | Resort Brokers ID : MRC008287
$120,000
Permanent Management Rights, BOGANGAR NSW
This caretaking-only business opportunity is particularly attractive as it is easily managed by a solo operator, with minimal duties required. With manageable resort style facilities, ample lock up storage areas adding to the convenience and functionality for the incoming operator.
Body Corporate Salary of $41,440 excluding GST, coupled with no set office hours, provides flexibility and stability of the income which is indexed to CPI.
The Management Rights of Reef Villas South is a perfect add-on investment opportunity, for a first timer to the industry, in one of the hottest and tightly held markets in Cabarita/Bogangar. With its ease of operation and prime location, this is an opportunity not to be missed.
- Caretaking-only business
- No set office hours or any requirement to own or live onsite
- Low maintenance and straight-forward to manage and maintain
- Storage area for cleaning and gardening equipment
- Security-gated villas with manicured grounds
- Agreements topped up to 10 years upon sale
- Inspection by appointment only
Date updated: 23 Jun 2024 23:00:05
More Information
- Total Purchase Price: $120,000
- Net Income: $ 0
(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