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CARETAKING ONLY BUSINESS ONLY Management Rights To Increase Your Income
$670,000
Resort / Holiday management rights, Surfers Paradise QLD
- Perfect add on management rights
- No manager unit to purchase, not required to live onsite
- This is the perfect building for you if you are new to the industry or looking to increase income
- Great location in the heart of the world famous beach
- Easy caretaking duties, perfect for someone who is new to enter into the management rights industry
- Lots of potential to increase letting pool, net income
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More Information
- Total Purchase Price: $670,000
- Net Income: $ 211,128
(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