Just Listed

Exclusive - 2.94 Low Multiplier with Over 90% Secure Income from Salary - ID 9233

$1,030,000

Permanent Management Rights For Sale
Quality 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 environment

The 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: $105,324
Asking 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 Broker
Bill He

 

Price $1,030,000
Location Brassall
Property ID 9233

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