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Business Only - Perfect For First Time Buyers! Now Only $257,000 Asking Price!
Multiplier Now Reduced to Only 4.4!
Permanent management rights, Chermside QLD
A simple and part-time role as building manager in a 25 townhouse complex in Chermside.
Primarily, a small gardening roll and swimming pool testing role.
Call Greg Jorgensen today to receive the detailed Business Profile, the Profit & Loss figures, discuss in detail and set up an inspection.
The Seller wants to move on into another business asap, so is Open to Offers.
More Information
- Total Purchase Price: Multiplier Now Reduced to Only 4.4!
- Net Income: $ 58,402
(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