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Management Rights
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Investment Property
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Exclusive

Stunning 4 Bedroom managers Unit

$1,695,000

Permanent management rights, Peregian Springs QLD

Caprice presents an exceptional management rights opportunity in the prestigious Peregian Springs estate on the Sunshine Coast. This exclusive gated residential community comprises 89 beautifully maintained homes, with a secure letting pool and a generous Body Corporate salary and minimal onsite workload. Positioned just minutes from the beach, golf course, shops and schools, Caprice is perfectly located for residents seeking lifestyle, security and convenience and for the incoming manager, a rare chance to secure a strong-performing business with an outstanding residence.

More Information

Financial Overview

Total Purchase Price: $1,695,000
Net Income: $ 173,532 (actual)
_{This is the combined total income acheived by the business after expenses, before tax.}
Included Real Estate: $ 995,000
_{The value of on-title property included with the business. Its price is included in the Total Purchase Price.}
Multiplier: 4.0
_{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.}

Letting Business

Letting Pool: 12
_{Number of units the manager is authorised to manage.}

Owner Occupiers: 60
_{Number of units resided in by their owners.}

Lock Ups: 0
_{Number of units owners are not renting out, but also do not live in.}

Outside Agents: 17
_{Number of units being rented by other agents (these could potentially be acquired by the manager).}

Units In Complex: 89
_{The total number of units within the complex.}

Caretaking

Remuneration: $ 140,880
_{This is the body corporate caretaker salary. It is included in the Net Income above.}

Agreement Term: 25 years
_{How long is the caretaking contract.}

Agreement Remaining: 15 years
_{How long remains on the caretaking contract before it must be renewed?}

Agreement Age: 0 years
_{How long has the management rights existed.}

Office Hours:
_{Required Office Hours}

Complex Features: Designed for relaxed, low-maintenance living, the community features beautifully landscaped surrounds, a resort-style swimming pool, and BBQ facilities for residents to enjoy.

Real Estate Component

Manager's Unit: 4 2

Included Real Estate: $ 995,000
_{The value of on-title property included with the business. Its price is included in the Total Purchase Price.}

Manager's Car Spaces: 2

Office On Title: 1
_{Is there a manager's office included on the title?}

Pets: Yes
_{Can the manager own a pet on site?}

Unit Features: The managerâs residence at Caprice is one of the largest and most impressive on the Sunshine Coast. This four-bedroom, two-bathroom residence spans an expansive 228mÂ² and includes a double lock-up garage, generous storage, and a large private patio