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Lifestyle Management Rights
Expressions Of Interest - All Offers Considered
Permanent management rights, Woolloongabba QLD
Manager's unit is rented for $23,400 pa providing extra income on top of the Net profit
Salary $109,691 increase every year according to CPI
24+ years on offer accommodation Module
Manager unit $790,000 business $910,000
Seller committed elsewhere will consider all offers!
If you want predictable cashflow without the facilities headache, this inner-city caretaking opportunity is built for operators who value simplicity and control.
Why this location wins (tenant demand):
In Brisbanes hospital precinct: Princess Alexandra Hospital (Woolloongabba), plus Mater and Queensland Childrens Hospital nearby consistent demand from healthcare professionals.
45km to Brisbane CBD (easy commute).
Brisbane South State Secondary College catchment (strong family appeal).
Fast access to UQ (quick trip time).
Major connectivity upgrades in the Woolloongabba precinct incl. Brisbane Metro / station works supporting long-term amenity.
The operator upside:
Stable salary + management fees (CPI-adjusted annually)
Low-maintenance common areas no facility
Systems-ready focus on cashflow
Inspection by appointment: 0404 331 310
More Information
- Total Purchase Price: Expressions Of Interest - All Offers Considered
- Net Income: $ 179,060
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 790,000
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?