S
SIRE
Synergy International Management Rights
Confidential Enquiries
0404 331 310
Confidential Information Memorandum
Mansfield State School Catchment Management Rights
Business-only permanent management rights opportunity within a modern 60-townhouse residential complex.
Building / Complex Details
| Building Type |
✓
Townhouse
Villa
High Rise
Unit
|
|---|---|
| Amenities | No communal facilities |
| Unit Type Breakdown |
1 bedroom: Nil 2 bedroom: Nil 3 bedroom: All residences |
| Building Age | Approximately 4 years |
| Module |
✓
Accommodation Module
Standard Module
|
| Sinking Fund | Approximately $159,362 |
| Pets Allowed |
✓
With body corporate approval
No
|
| Total Units | 60 |
Manager’s Accommodation
| Residence | Nil |
|---|---|
| Unit Price | Nil |
| Residence Requirement | Nil |
| Bedrooms | Nil |
| Bathrooms | Nil |
| Parking | Nil |
| Office | Nil |
| Other Features | Business-only acquisition structure with no onsite residential property. |
Management Rights Business
Letting Pool
Inside Letting Pool
Permanent
32
Holiday
Nil
Corporate
Nil
Total
32
Outside Letting Pool
Self-Managed
Nil
Outside Agent
1
Owners
27
Total
28
| Contract Term | 25 years |
|---|---|
| Years to Run | Approximately 24 years |
| Business Software | REI Cloud |
| Software Status |
Owned
✓
Leased
|
| Office Hours | Nil |
Income and Pricing
Average Weekly Rent
Approximately $820
Per residence, per week.
| Body Corporate Salary | $76,700 |
|---|---|
| Salary Review | Subject to CPI |
| Net Profit | $211,859 |
| Management Rights Price | Price available to qualified buyers |
| Unit Price | Nil |
Total Price
Call 0404 331 310
Note: All details are as supplied by the vendor and are subject to
purchaser verification.
