Proudly supported by all of the industry's leading brokers
BUSINESS ONLY - PRICE REDUCTION TO 4.62x! SELLER WANTS TO RETIRE!
NOW ONLY $520,000
Permanent management rights, Petrie QLD
A great management & letting rights business for a first time entrant OR an excellent add-on for an existing manager!
A business only with the real estate separated off at last AGM. Good committee!
This is a half-full day one day a week in total on the duties front. The primary duties are gardens and rubbish bins.
Call Greg Jorgensen TODAY as this is now very well priced!
Email me for the information pack Or call me on 0407 721 335.
More Information
- Total Purchase Price: NOW ONLY $520,000
- Net Income: $ 112,516
(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