Exclusive - 2.94 Low Multiplier with Over 90% Secure Income from Salary - ID 9233
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
Property Code: 1177
For more details, please email broker or call agents.
