Gladstone Inner City Permanent Management Rights - 10 Units

Gladstone Inner City Permanent Management Rights - 10 Units — Property · Gladstone, Queensland · Net Profit $49,650

Permanent letting management rights in inner Gladstone; 10 units in letting pool 25-year agreement term; no set office hours; no requirement to purchase manager's unit Very little caretaking duties; suitable as an add-on business or first management rights Walking distance to dining, retail, and entertainment precincts Close to Gladstone Airport, hospitals, schools, and university Storage rooms…

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Gladstone Inner City Permanent Management Rights - 10 Units

Management Rights

ActivePropertyQueenslandB2C

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Asking price

~$297,900

est. from comparable listings of this type and size · typically within ±20% · AUD

Revenue (est.)

~$199,158

Estimated · comparable listings of this type and size

Net Profit

$49,650

Implied multiple (assumed)

~6.0×

Assumed · comparable listings of this type and size · typically within ±20%

Brief

Permanent letting management rights in inner Gladstone; 10 units in letting pool
25-year agreement term; no set office hours; no requirement to purchase manager's unit
Very little caretaking duties; suitable as an add-on business or first management rights
Walking distance to dining, retail, and entertainment precincts
Close to Gladstone Airport, hospitals, schools, and university
Storage rooms also available for purchase separately

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