Robust ROI 18%! Business-Only MLR with NO Common Facilities | Resort Brokers ID : MRB008244
$651,000
Permanent Management Rights, MACGREGOR QLD
ResortBrokers exclusively presents a unique business-only permanent management rights opportunity located in the ever popular south side suburb of Macgregor. Offering a robust 18% return on investment, backed by a solid body corporate salary, the business requires no on-site living, no real estate to purchase, and no set office hours.
With no common facilities to maintain, minimal gardens, and no lifts, it's an easy-care investment. Locates only minutes to Westfield Garden City, Sunnybank Plaza and Market Square, Griffith University, UQ, it promises strong income potential and flexible working conditions. Seize this profitable opportunity in a prime location today - Call Jessie Shi now to book in an inspection.
- No real estate to purchase
- No requirement to live onsite
- No office hours
- No common facilities to maintain
- Onsite office available for manager to use exclusively
- 20 years agreement term remaining
- No need to push the bins to collection area, city council collect the bins themselves as required
- Very supportive body corporate - only AGM and budget meeting a year, no other committee meetings.
- Excellent location only minutes to Garden City, Sunnybank Plaza, Market Square, Sunny Park, Griffith University and UQ. Short 2 minutes walk to bus station, 1 minute drive to get onto the motor way.
- Inspection by appointment only
Date updated: 21 May 2024 05:35:15
More Information
- Total Purchase Price: $651,000
- Net Income: $ 116,794
(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
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?