Management rights can give the purchaser a lifestyle, and a good return on their investment. This makes an ideal investment for those wanting a unique, relaxed lifestyle for both individuals and couples, particularly on the NSW South Coast. Most management rights apply to businesses such as motels and larger complexes. Many of the duties include general maintenance of the premises and the rooms, cleaning, and servicing the apartments or the rooms. Through management rights, you would become the manager of the complex, and your management position would be part of the strata plan.
The entry capital required to get into management rights must include the real estate value of the unit to be purchased and the business component expressed as a multiplier of NP according to the local formula, which depends on location.
In (say) Noosa NP X up to 6 is not uncommon (due to location), whereas on the South Coast of NSW it is around 4 times.
Management rights give you more than a job – they give the right person a lifestyle, particularly on the NSW South Coast.
Narooma NSW ... ... ... ... ... ... Management Rights
New
9 unit strata title complex near the golf course. Well established & all units refurbished & trading comfortably @ around 42% occupancy. Formulae is NP X 3 + Large Mgr 3 BR residence. PLEASE read the section about Mgr Rights on this www site BEFORE you contact me. Enquiries will be fully qualified before any information given out. NB: This business is owned by the Broker, Jim Grant, phone 02 4476 2359.
Expressions of Interest only ... ... ... ... ... $437,000
Merimbula ... ... ... ... ... Management Rights
SOLD
6 X 2 BR one story units. Manager’s unit is large with a nice back yard & courtyard & BBQ area with a double garage. In a quiet location near the ocean over the bridge. Occupancy is good & income is also good with potential to improve (with an increase in commission & other charges). You will need some small additional income to be really comfortable, so if you have another interest this would be a great (super) life style.
Please contact Jim Grant 02 4476 2359
For Sale ... ... ... 6 units ... ... ... $449,000
The ultimate "sea change" with an attractive income
Merimbula ... ... ... ... ... Management Rights
NEW
Super large complex on 2 ½ acres overlooking the Tasman Sea and Inlet. Has to be seen to believed. There are two levels of accommodation ranging From 4 * to 3 ½ *. Large all year around heated pool, toddlers pool & 2 X double elect BBQ’s. Mgr residence is 3 story X 3 BR with 3 X Bath rooms with excellent water views. Figures do not reflect the opportunity available here. You will need to have cash to get in.
Please read the 5 steps of buying a business & the give the Broker a ring Jim Grant 02 4476 2359
For Sale ... ... 27 units (24 in the letting pool) ... ... $895,000
Management Rights ... ... ... ... ... Merimbula
NEW
Neat & tidy 6 x 2 BR units with a 3 X BR managers unit. Figures are steady & the biz offers a great lifestyle particularly if you have a small additional income stream. ALL enquiries must go to "The 5 steps of buying a business" on this www site & the "Management Rights" sections & then contact the broker Jim Grant on 02 4476 2359.
For Sale ... ... Long Agreement ... ... ... $459,000 ... WIWO
Live 5 minutes from the golf course ? U can !
IMPORTANT NOTICE. PLEASE READ.
The information contained in this site has been obtained from the business proprietors. Whilst GRANT BUSINESS BROKERS AUSTRALIA has made reasonable enquiries as to the correctness of the relevent information we can make no associated guarantees and consequently we give no warranty as to the information given or contained. We strongly suggest that before you proceed with any business purchase you should seek professional advice from your accountant, solicitor or your financial advisor.