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Exclusive Offer Alert: Secure This Permanent Management Rights for $2,975,000. Inclusive of a $399,000 Net and a 3 Bed 2 Bath Unit!
$2,975,000
Permanent management rights, Labrador QLD
This well-maintained, secure complex is conveniently located near Harbour Town and Runaway Bay shopping centres, with public transport at your doorstep.
Office OnTitle Reception No Office Hours
20 exclusive-use parking spaces
158 units = 56 in the letting pool Outside Agents 15
A: 27 apartments B: 29 townhouses C: 102 apartments
- Consumer Price Index (CPI) for September
25 years 21 years remaining
Unit - $700K Business, $2.295 Million
Remuneration: $218,355
Three Body Corps and One Umbrella
Please call Barry to schedule your inspection.
More Information
- Total Purchase Price: $2,975,000
- Net Income: $ 399,559
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 700,000
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.
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
The value of on-title property included with the business. Its price is included in the Total Purchase Price.
Is there a manager's office included on the title?
Can the manager own a pet on site?