Proudly supported by all of the industry's leading brokers
Large Income, Huge Remuneration, Business Only Permanent GEM in Southside Brisbane
$2,158,000 MR Business + $650,000 House Optional
Permanent management rights, Marsden QLD
Large Business Only Permanent MR with Nett $339,847, Asking $2,158,000
Great Residence House Asking for $650,000, it is optional
- Centrally located in the Leafy suburb of Marsden, Brisbane Southside
- Well- presented and quality townhouses 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 24 years left on a 25 years accommodation module
- Huge manager remuneration $175,228 with annual adjustment of CPI
- The turnover of tenants is very low, keeping inspections and paperwork to a minimum
- Modern and fantastic manager residence - Optional to Buy
Large standing alone two storey house, a big living/dining area, spacious family room, modern and open plan kitchen, three bedrooms, two bathrooms, one separate toilet, double garage and a large rear patio and entertaining backyard area
- Well-presented on-title office, no office hour
- Ideal for a family or semi-retired couple looking for a solid income and great lifestyle
If you want to buy a large and solid management right business in Southside Brisbane, it ticks all your boxes, please book your inspection immediately with Exclusive Agency - NEXT!
More Information
- Total Purchase Price: $2,158,000 MR Business + $650,000 House Optional
- Net Income: $ 339,847
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 650,000
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?