[Near QA High School, UQ, CBD] 22-Year Management Rights for Sale |Business Multiplier: 5.2

Resort / Holiday management rights, Auchenflower QLD

Business Highlights

Prime Location This management rights business is situated in a golden location with abundant educational resources nearby:
-Only 4.3 km from Queensland Academy for Science, Mathematics and Technology (QASMT), the top-ranked high school in Queensland
-Only 3.5 km from the University of Queensland (UQ), ranked in the worlds top 50 universities
-Just 3.1 km from Brisbane CBD, 1.8 km from Suncorp Stadium, and only 400 m from Wesley Hospital

Updated Agreements & Stable Management
-Agreement top-up successfully completed last year, with 22 years remaining on the management term
-Healthy and stable community environment with easy management
-No fixed office hours required
-Body Corporate provides a dedicated, comfortable office space free of charge, including: lobby office, reception room, restroom, and storage room

Strong Net Profit & High Short-Term Rental Potential
-Post-tax annual salary income of approx. $90,000, indexed annually to CPI
-Currently managing 5 holiday and 2 long-term rental units, generating approx. $110,000 in annual income
-Approximate annual net profit: $202,000
-Only provider of short-term rentals in the area, offering significant growth potential

Well-Appointed Managers Residence
-2 bedrooms, 2 bathrooms, 1 car space, dual balconies, 135 sqm
-Priced at $700,000 and currently tenanted (rental income not included in business net profit)
-Deed of Variation to the Caretaking and Letting Agreement allows the manager to reside in any unit within the building

Low-Maintenance Complex
-Body Corporate has strong financials, with a Sinking Fund balance of $310,000
-Pool maintenance handled by a professional pool shop contracted by Body Corporate
-Most landscaping managed by Body Corporates hired gardener
-Friendly and cooperative committee

Pricing & Returns
-Business price: $1,050,000 (business multiplier only 5.2x)
-Managers residence: $700,000
-Total package price: $1,750,000