Algester, Queensland
Exclusive - High Net $635K with 4-Bedroom Home - ID 9159
$4,448,000
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
Total Price: $ 4,448,000 (includes a magnificent modern 4-bedroom freestanding manager’s residence)
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.
Net Profit: $647,842
Asking Price: $4,448,000
(Inclusive of Managers Real Estate)
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: $4,448,000
Net Profit: $647,842
Managers Unit
Value of Managers Apartment: $820,000Bedrooms: 4Bathrooms: 2Car Spaces: 3Office: On TitlePets OK: YesFreestanding, 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 net profit of $647,842 on an asking price of $4,448,000, indicating strong cash returns and a high net yield for a permanent MRA.
2. Managers residence included and valued at $820,000, a freestanding modern 4 bedroom home providing significant owner-occupied asset value.
3. Substantial recurring body corporate salary of $224,657 plus GST, with annual CPI indexing, delivering predictable and growing owner income.
4. Long-term 25 year agreement with 22 years remaining, offering contractual stability and long runway for revenue generation.
5. Very stable rental base with 135 units in the letting pool, 13 managed by outside agents, and 27 secured with an investment group, supporting consistent rent growth.
6. Low maintenance operations, only pool and gym to maintain, no gates and no BBQ areas, reducing ongoing facilities cost and management burden.
7. No office hours required, enabling flexible or absentee ownership models while retaining management income.
8. Professional on-title office with separate entrance, facilitating compliant operations and potential for on-site administration.
9. Manager’s residence features include air conditioning in living areas and bedrooms, large courtyard and covered patio, double garage and 3 car spaces, supporting lifestyle appeal.
10. Supportive and cooperative body corporate committee and a strong
Management Rights Multiplier: 5.60
ROI Estimate: 17.86%
