No Office Hours

This is a great business.

Permanent management rights, Biggera Waters QLD

No Office Hours. No need to live on site. 1 hour a week work on grounds. Very simple business, perfect for the first time operator.
Low maintenance complex of 33 tri-level townhouses. Minimal grass area with modern white pebble landscaping.

This is the best Management Rights business for sale in Australia - Property ready to increase - Next to Harbour Town and quality multi-million-dollar new developments. Amongst waterfront stylish properties selling for $2.8 million.

25year management contract. Great rent roll. Very simple business. Selling on remuneration set figures and rent roll through REI Masters program. Great for a passive investment. Excellent rent being received on the Managers Townhouse. No expenses, Body Corp pay for all expenses. Current Income with Managers House rental is $147,640 a year. With sales of 3 property's a year will bring the income to $212,890 a year. We are not including the sales of real estate income in the sale place.

Corner position Tri-Level Townhouse on a double block with huge living areas.
Spacious modern low maintenance Terrace home in a prime location.
3 large bedrooms on separate floor with fans and AC. Master Suite complete with ensuite, dressing table or study nook and large 3 mirror door wardrobe. Multiple living uses including study, home gym, teenagers retreat or hobby area.
Long garage to fit 3 small cars or 2 cars and a boat or trailer.
Balcony which takes in the sun and is big enough to entertain with BBQ, dining table and lounge.

Ground floor has a large tandem garage, laundry and lots of storage
Full fenced private courtyard
First floor has a Spacious Open Plan lounge dining and modern kitchen
Large Balcony great for entertaining
Second floor 3 Generous bedrooms all with built in robes and ceiling fans, Ducted AC
Master bedroom with beautifully appointed en-suite, 3 door mirrored wardrobe
Main bathroom with bath perfect for families and separate shower
Fully ducted Air Conditioning Bedroom and Living areas

This home is located in the convenient precinct of Harbour Quays and walking distance to Harbour Town Shopping Centre offering Outlet shopping and dining and only minutes drive to Griffith University and Gold Coast University Hospital

Call Jim today if youre a serious about buying management rights.

More Information

Financial Overview

Total Purchase Price: This is a great business.
Net Income: $ 147,000 (actual)
_{This is the combined total income acheived by the business after expenses, before tax.}
Included Real Estate: $ 1,000,000
_{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: 10
_{Number of units the manager is authorised to manage.}

Owner Occupiers: 22
_{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: 2
_{Number of units being rented by other agents (these could potentially be acquired by the manager).}

Units In Complex: 33
_{The total number of units within the complex.}

Caretaking

Remuneration: $ 50,000
_{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: 8 years
_{How long has the management rights existed.}

Office Hours: 2
_{Required Office Hours}

Complex Features: Low maintenance complex of 33 tri-level townhouses. Residents take care of their own property. No Office Hours Required. No need to live on site. 1 hour a week work on grounds is ample. This is the best Management Rights business for sale in Australia. In an up-and-coming area right next to Harbour Town and quality new developments the property prices are set to increase. The homes across the road sell for \\\\$2.8 million. Managers Residence is on a double block with 4 car parking, 3 bedrooms, 3 bathrooms and a large back yard. Very simple business, perfect for the first time operator.

Real Estate Component

Manager's Unit: 3 3

Included Real Estate: $ 1,000,000
_{The value of on-title property included with the business. Its price is included in the Total Purchase Price.}

Manager's Car Spaces: 4

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: Spacious Tri-Level Townhouse on a double block with huge living areas, large balcony and updated outdoor entertaining areas. Corner position to take in ample light connected to a large site office complete with AC, blinds and lockable screen and glass doors.3 large bedrooms on separate floor with fans and AC. Master Suite complete with ensuite, dressing table or study nook and large 3 mirror door wardrobe. Multiple living uses including study, home gym, teenagers retreat or hobby area. Long garage to fit 3 small cars or 2 cars and a boat or trailer. Balcony which takes in the sun and is big enough to entertain with BBQ, dining table and lounge.Ground floor has a large tandem garage, laundry and lots of storageFull fenced private courtyardFirst floor has a Spacious Open Plan lounge dining and modern kitchenLarge Balcony great for entertainingSecond floor 3 Generous bedrooms all with built in robes and ceiling fans, Ducted AC Master bedroom with beautifully appointed en-suite, 3 door mirrored wardrobeMain bathroom with bath perfect for families and separate showerFully ducted Air Conditioning Bedroom and Living areasThis home is located in the convenient precinct of Harbour Quays and walking distance to Harbour Town Shopping Centre offering Outlet shopping and dining and only minutes drive to Griffith University and Gold Coast University Hospital This up-and-coming area right next to Harbour Town and multi-million-dollar new developments the property prices are set to increase. Amongst waterfront stylish properties, check out neighboring homes across the road selling for \\$2.8 million. Excellent rent being received on the Managers Townhouse.