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Caloundra, Queensland 4551

SOLD

Management RightsManagement RightsMotel

Great Water Front location Best price management rights for sale due to retirerment

Looking at your options? where should you invest your hard earned dollars? how do you minimise risk?
Ask yourself this.... where else can you buy a business which offers you the following:
1. a guaranteed income paid monthly;
2. you can live and work onsite;
3. banks will lend up to 70% of the total business (including any real estate);
4. all purchase contracts are subject to financial verification and legal due diligence;
5. the business you are buying has been audited twice a year (no funny business going on, guaranteed);
6. your investment is secured by the property market;
7. your investing in a growth industry;

The MANAGEMENT RIGHTS for sale is for a business located on the Sunshine Coast and offers the managers a very modern and spacious 1 bedroom plus ensuite managers unit (cost included in the total sale price) plus a business that returns a net profit (after operating expenses) of $132,600.pa

This business also includes a guaranteed managers salary paid by the body corporate of $52,100 pa (this increases each year with cpi), plus the management rights agreements are very secure over a 10 year term.
This business is offered for reluctant sale at $790.000 (which includes the managers unit priced at $290,000)
The manager also owns 2 bedroom adjacent apartment which can be purchased at $350.000 if needed.


Alert property specialise in the sale of Management Rights across Queensland, we have premium investment businesses available in all locations from Surfers Paradise and the Gold Coast, to permanant and corporate buildings in Brisbane, up to the wonderfull Sunshine Coast and north to Townsville and Cairns, plus everything in between.
If you are genuinely looking at your lifestyle choices but have limited capital and looking to minimise risk, then consider buying Management Rights.

Contact marketing agent Michael Griffiths for further information.

Business Features

Business Snapshot

Price: SOLDAdjusted Net Profit: $132,600 Trial: no

Managers Unit

Value of Managers Apartment: $290,000
  • Bedrooms: 1
  • Car Spaces: 1
  • Office: On Title
  • Pets OK: Yes
Delightful 1 bedroom apartment with plenty of storage, lock up garage and separate office. This apartment could be easily converted into a 2 bed apartment with a little ingenuity.

Financial Snapshot

  • Net Profit: $132,600
  • Body Corporate Salary: $52,100

Complex Information

  • Total Letting Pool: 16
  • Agreement Module: Standard
  • Agreement Term: 10 years
This listing last updated: 11th Aug 2016

Marketing Contact

Michael Griffiths

Marketing Agency

Michael Griffiths

Alert Property Group

Map Location ( get directions )

Caloundra, Queensland 4551 Exact map location not provided