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Main Beach Management Rights delivering an impressive 17% ROI. | Resort Brokers ID : MRB008582
$2,600,000
Permanent Management Rights, MAIN BEACH QLD
ResortBrokers presents a premium business opportunity at Liberty on Tedder, Main Beach. This permanent residential complex generates a substantial net profit exceeding $440,000, with a generous body corporate salary over $530,000. All physical labour is contractually outsourced, offering a seamless transition for the new owner. No on-site residency required, providing added flexibility. Located in a high-demand area of Main Beach with full-time security, and potential for growth with 9 outside agents, 60 lock-ups and countless sales opportunities.
Don't miss this exceptional investment delivering you a 17% ROI.
- Generates a substantial net profit exceeding $440,000 after all expenses
- No obligation to reside on-site offering flexibility for operator
- All physical labour, including gardening and cleaning, has been efficiently outsourced
- Generous body corporate salary exceeding $520,000
- Situated in Main Beach, a premium location with high demand
- Full-time security guards provided at the body corporate's expense
- Inspections are strictly by appointment only
Date updated: 03 Feb 2025 22:00:02
More Information
- Total Purchase Price: $2,600,000
- Net Income: $ 464,000
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 360,000
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?