Manager not required to live on site!
$300,000
Permanent management rights, Trinity Beach QLD
Caretaking and letting opportunity.
Permanent complex situated in one of Cairns top beaches.
Comprising 48 x 2 and 3 bedroom townhouse style villas set within a delightful landscape and secluded free form pool.
Just a short walk to the beach. The ultimate lifestyle and business opportunity combined. No real estate component, so no live in requirement.
This is your opportunity to live the tropical dream with this easily managed property.
Call Alex today for more information.
More Information
- Total Purchase Price: $300,000
- Net Income: $ 104,589
(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: 2.9
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