Algester, Queensland

Sold & Settled - High Net $635K with 4-Bedroom Home - ID 9159

SOLD

Business Description

Permanent Management Rights for Sale
Free-Standing 4-Bedroom Spacious Home

- Exceptional net profit of $647,842

- Minimal facilities to maintain – only pool and gym, no gates, no BBQ areas

- No office hours required

- Substantial body corporate salary of $224,657 + GST, increasing annually with CPI

- All permanent rentals: 135 in letting pool, 13 with outside agents - a very stable rental base with consistent rent growth (including 27 secured with

- investment group)

- Long-term 25-year agreement with 22 years remaining

- Supportive and cooperative body corporate committee

- Strong management system already in place

- Genuine reason for sale – a rare opportunity not to be missed

- Freestanding, modern, and spacious 4-bedroom home with 2.5 bathrooms and double lock-up garage

- Air-conditioning in living areas and bedrooms

- Large courtyard and covered patio

- Enjoy the best lifestyle while earning top income in Brisbane’s sought-after southside

- Professional on-title office with separate entrance

- Peaceful, attractive, and well-maintained environment

- Convenient location close to shopping centers, schools, parks, and public transport

This is a genuine money-making opportunity with a large, modern freestanding 4-bedroom home.

Live your best life while earning exceptional income in Brisbane’s thriving southside, right next to Sunnybank Hills.

For further information or to arrange an inspection of this business opportunity contact:
Exclusive Management Rights Broker
Bill He

Property Code: 1061

Business Summary

Business Snapshot

Price: SOLD Net Profit: $647,842 Business Value: $3,628,000

Managers Unit

Value of Managers Apartment: $820,000Bedrooms: 4Bathrooms: 2Car Spaces: 3Office: On TitlePets OK: Yes
Freestanding, modern, and spacious 4-bedroom, 2.5-bathroom, double lock-up garage residence double storey

Complex Information

Complex Type: PermanentAgreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 22 yearsPool: YesGym: Yes

Key Investment Insights

1. Exceptional reported net profit of $647,842, indicating strong cash flow.
2. Managers’ residence valued at $820,000, four-bedroom freestanding double-storey home providing significant on-site asset value.
3. Substantial body corporate salary of $224,657 plus GST, indexed to CPI, delivering predictable and growing owner income.
4. Long-term 25-year agreement with 22 years remaining, offering tenure stability and predictable revenue.
5. Large, stable permanent rental base; 135 in the letting pool and only 13 with outside agents, including 27 units secured with an investment group, supporting consistent rent growth.
6. Minimal facilities to maintain, only pool and gym, explicitly no gates or BBQ areas, reducing operational overhead and maintenance complexity.
7. No office hours required, lowering staffing demands and enabling flexible owner lifestyle.
8. On-title professional office with separate entrance, facilitating compliance and ease of management or handover.
9. Managers’ home features strong amenity: air-conditioning in living and bedrooms, large courtyard, covered patio, and double lock-up garage/three car spaces, supporting live-in management appeal.
10. Desirable Brisbane southside location near Sunnybank Hills, close to shopping centres, schools, parks and public transport, enhancing rental demand and lifestyle attractiveness.

Management Rights Multiplier: 5.60
ROI Estimate: 14.56%

Listing location

This Business is sold

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