37 On Norman

37 on Norman
Great Views and Breezes
Typical Ensuite
Modern Spacious Kitchen
Typical Lounge Dining Kitchen
Second Bedroom Balcony Access
From Entry Door
Large Loungeroom with Courtyard Access
Main Bedroom
Lounge Dining Kitchen
Sold
Address
37 Norman drv Chermside
Financial overview

  • Total Purchase Price: $ 200,000

    Net Income: $ 39,000

    This is the combined total income acheived by the business after expenses, before tax.

    Included Real Estate: $ 0

    The value of on-title property included with the business. Its price is included in the Total Purchase Price.

    Multiplier: 5.1

Letting business

  • Letting Pool: 9

    Number of units the manager is authorised to manage.

    Owner Occupiers: 1

    Number of units resided in by their owners.

    Outside Agents: 4

    Number of units being rented by other agents (these could potentially be acquired by the manager).

    Units In Complex: 14

Caretaking

  • Remuneration: $ 21,035

    This is the body corporate caretaker salary. It is included in the Net Income above.

    Agreement Term: 25 years

    How long is the caretaking contract.

    Agreement Remaining: 21 years

    How long remains on the caretaking contract before it must be renewed?

    Agreement Age: 4 years

    How long has the management rights existed.

    Office Hours: N/A

    Required Office Hours.

Real estate component

Management Rights - Brisbane, Australia

Management Rights
Contact

Kalman Meszaros

Call:   0468 775 667

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