Algester, Queensland
Exclusive - Two 4-Bedroom Permanent Management Rights in Brisbane Southside - ID 9212
$7,607,000
Business Description
Permanent Management Rights for Sale
Super Giant with TWO Modern 4-Bedroom Standalone Residences
- Stable, large Body Corporate salaries of $ 411,638 + GST, with annual CPI increases.
- No set office hours – complete flexibility under your own arrangement, with well-established operations in place.
- Minimal facilities – only pools and gyms. No gates, no BBQs, minimal gardens.
- Simple, low-maintenance caretaking duties, leaving more time to generate additional income opportunities. Very supportive committees.
- Super high net profit exceeding $1,107,000, delivering more than a 14.5 % return.
- The ideal option for investors as well - backed by our experienced team and seamless operations - to help you achieve lasting success.
- Strong, stable rental base - all permanent rentals with a letting pool of 234 units out of 273. Outside agents: 17. Owner-occupied: 22.
- Almost 25-year full-term agreements, with over 22 & 24 years remaining.
- Two double-storey, modern, standalone residences – each featuring 4 bedrooms, 2.5 bathrooms, double garage, and air-conditioning in living areas and bedrooms.
- Large courtyards with covered patios.
- High-quality, modern buildings in newly developed complexes.
- Professional offices on title, fully fitted with cabinetry, filing cabinets, and all essential office facilities including laptop, computer peripherals, monitor, copier, printer, fax, and stationery.
- Prime, convenient locations in peaceful environments within Brisbane’s sought-after Southside and fast-growing Western corridor.
Total Asking Price: $7,607,000 (including TWO quality, modern 4-bedroom standalone residences).
The best investment opportunity combining quality properties with super high income.
Net Profit: $1,107,000
Asking Price: $7,607,000
(Inclusive of 2 x Managers Real Estate)
For further information or to arrange an inspection of this business opportunity contact:
Exclusive Management Rights Broker
Bill He
Property Code: 1067
Business Summary
Business Snapshot
Price: $7,607,000
Net Profit: $1,107,067 Remuneration / Body Corp Salary: $411,638
Managers Unit
Value of Managers Apartment: $1,500,000Bedrooms: 4Bathrooms: 2Car Spaces: 3Office: On TitlePets OK: YesTwo modern freestanding 4-bedroom double-storey residences
Complex Information
Complex Type: PermanentAgreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 22 yearsPool: YesGym: Yes
Key Investment Insights
1. Stable Body Corporate remuneration of $411,638 plus GST with annual CPI increases, providing predictable recurring income.
2. Exceptional net profit of $1,107,067, representing more than a 14.5% return on the $7,607,000 asking price.
3. Sale includes two modern 4‑bedroom standalone managers residences on title, one valued at $1,500,000, enhancing asset backing.
4. Long-term agreements, 25‑year full-term with approximately 22 and 24 years remaining, delivering contract security and longevity.
5. Strong letting pool with 234 of 273 units permanently rented, only 17 with outside agents and 22 owner‑occupied, indicating stable rental income.
6. Low-maintenance, minimal facilities limited to pools and gyms, resulting in simpler caretaking duties and lower operational complexity.
7. Operational flexibility with no set office hours and well-established processes, enabling owner/operator time optimisation and potential revenue diversification.
8. Two double‑storey, high-quality residences each with 4 bedrooms, 2.5 bathrooms, double garage, air‑conditioning in living and bedrooms, large courtyards and covered patios.
9. Professional on‑title office fully fitted with cabinetry, filing, computer peripherals and office equipment, ready for immediate operations.
10. Prime locations in Brisbane Southside and the fast‑growing Western corridor, described as convenient and peaceful, supporting tenant demand and capital growth.
Management Rights Multiplier: 5.52
ROI Estimate: 18.13%