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Exclusive - 2.94 Low Multiplier with Over 90% Secure Income from Salary - ID 9233
Brassall, QLD, 4305
Accommodation/tourism
·
Management Rights
$1,030,000
Permanent Management Rights For SaleQuality 3 Bedroom Townhouse Included - This business offers an exceptionally secure income stream, with a Body Corporate remuneration of $107,458 plus GST, increased annually by CPI. The Body Corporate salary represents more than 90% of the total income, providing outstanding security and certainty of revenue. - An ideal semi-retirement lifestyle business featuring extremely simple and low-maintenance caretaking duties with minimal gardening, allowing ample time to pursue other employment or generate additional income. - Net Profit: $105,324 - Exceptional value with a low multiplier of only 2.94. - Offered for urgent sale due to family reasons. - Current letting pool of only 3 units, together with 17 units managed by outside agents, presenting significant future income growth opportunities through expanding the letting pool and generating additional sales commissions. - Secure 25-year Accommodation Module agreement with approximately 22 years remaining.Quality, solid, newly renovated three-bedroom manager's townhouse featuring: - 3 spacious bedrooms - 2 bathrooms - Single lock-up garage - Air conditioning - Private courtyard - Large professional office on title with separate entrance - Convenient location within a peaceful residential environmentThe perfect combination of an outstanding lifestyle, exceptionally secure income, and an easy-to-manage business.Total Asking Price: $1,030,000 (including the quality three-bedroom manager's townhouse).If you've been searching for a quality management rights business with outstanding income security and exceptional value, your search ends here. Net Profit: $105,324Asking Price: $1,030,000(Inclusive of Manager's Real Estate) For further information or to arrange an inspection of this Ipswich Management Rights business for sale contact: Exclusive Management Rights BrokerBill HeProperty Code: 1177
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