4 Bed House - Net $102K - Total $1.15M - 3.63 Multiplier - ID 9176

$1,150,000

Permanent Management Rights for Sale
Independant Double Storey House & 3.63 Muliplier

 

 

  • Light caretaking duties – simple and easy
  • Low multiplier of just 3.63
  • No office hours – work at your own pace
  • No requirement to live onsite, with potential for additional rental income
  • All permanent rentals with a small letting pool of 10, plus 2 under outside agents and 2 external rentals
  • Net profit of $102,048, with a large portion from the Body Corporate Salary of $71,056 plus GST
  • Long 25-year agreement with 23 years remaining
  • Beautiful freestanding double-storey residence featuring 4 bedrooms, 2 bathrooms plus an additional toilet, and 2-car accommodation
  • Spacious courtyard with a large, exclusive manager’s office on title
  • Peaceful and convenient location, close to all amenities with easy highway access
  • All this for just $1,150,000 (including the manager’s large 4-bedroom independent house)

 

 

Want to earn over $100,000 in your spare time?

 

This is a super simple opportunity you can’t afford to miss.

 

Net Profit: $102,048
Asking Price: $1,150,000
(Inclusive of Managers Real Estate)

 

For further information or to arrange an inspection of this business opportunity contact: 
Management Rights Broker
Bill He

Price $1,150,000
Location Ormeau
Property ID 9176

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