16% Return on Investment - ID 9156

Low Multiplier 5.7 ROI 16%

Permanent management rights, Bethania QLD

Permanent Management Rights For Sale
Quiet Suburb with Growth Potential

Situated in a serene and rapidly growing suburb, this exceptional management rights opportunity includes two complexes located within 200 meters of each other. Additionally, there is a rent roll of 39 houses situated directly across the road, making this a highly efficient and easily manageable operation.

- Combined Net Profit: $687,616
- Total Asking Price: $4,280,000
- Large Letting Pool: 139 townhouses within a total of 187 townhouses
- Attached Rent Roll: 39 houses conveniently located across the road
- Operational Excellence: Robust systems are in place, delivering quality service with minimal complexity
- Long-Term Agreements: Secure management rights with 24 and 20 years remaining on agreements
- Strong Body Corporate Relationships: Excellent rapport with body corporate committees, supporting smooth and collaborative operations
- Low Maintenance: Well-presented and easy-to-maintain common areas
- Facilities: Enhance tenant appeal with features including a pool, gym, and CCTV security system
- Managers Unit: Large, modern 4-bedroom stand-alone townhouse with an on-site office, double lock-up garage, air conditioning, a spacious backyard with a covered patio area, and multiple living spaces
- No Fixed Office Hours: Offers flexibility in management style

This unique opportunity presents investors with a high-yield asset located in a quiet suburb poised for growth, close to train services and other amenities. It's an ideal acquisition for those looking to secure a stable and profitable addition to their portfolio in a desirable location.

Net Profit: $687,616
Asking Price: $4,280,000
(Inclusive of manager's real estate)

More Information

Financial Overview

Total Purchase Price: Low Multiplier 5.7 ROI 16%
Net Income: $ 687,616 (actual)
_{This is the combined total income acheived by the business after expenses, before tax.}
Included Real Estate: $ 600,000
_{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.}

Letting Business

Letting Pool: 139
_{Number of units the manager is authorised to manage.}

Owner Occupiers: 42
_{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: 6
_{Number of units being rented by other agents (these could potentially be acquired by the manager).}

Units In Complex: 187
_{The total number of units within the complex.}

Caretaking

Remuneration: $ 293,843
_{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: 7 years
_{How long has the management rights existed.}

Office Hours: As per agreements
_{Required Office Hours}

Complex Features: Pool, Gym, CCTV

Real Estate Component

Manager's Unit: 4 2

Included Real Estate: $ 600,000
_{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 real estate component of the investment includes a large, modern 4-bedroom stand-alone townhouse.This unit is designed for comfort and efficient management, featuring a spacious on-site office and a double lock-up garage. The property is fully air-conditioned, offering year-round comfort. There are ceiling fans throughout. A private backyard with a covered patio area, ideal for outdoor dining or relaxation. Multiple living spaces provide ample room for both work and leisure.