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Business Only, Large Income, Huge Remuneration, Permanent GEM in Southside Brisbane
Expression of Interest @ Business Only
Permanent management rights, Calamvale QLD
This is an outstanding opportunity to buy management rights in Calamvale in the ever-popular Brisbane Southside. Located close to major arterial roads, trains and bus transport providing easy access to Brisbane and the Gold Coast.
- Business Only with large net income $305,991
- Centrally located in the Leafy suburb of Calamvale, Brisbane Southside
- Well- presented complex provides the perfect environment to relax in
- Very well-run business, all procedures documented
- Body Corporate very fantastic and supportive to work with
- Long agreement 23 years left on a 25 years accommodation module
- Large manager remuneration $175,912 with annual adjustment of CPI every August
- The turnover of tenants is very low, keeping inspections and paperwork to a minimum
- No real estate associated
- No requirement of residing onsite
- Well-presented exclusive office, no office hour
Ideal for a family or semi-retired couple looking for a solid income and great lifestyle
This would be a perfect opportunity to secure a solid income and lifestyle business, it ticks all your boxes.
Please book your inspection immediately with our exclusive NEXT team.
More Information
- Total Purchase Price: Expression of Interest @ Business Only
- Net Income: $ 305,991
(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