Bethania, Queensland
Exclusive - 16% Return on Investment - ID 9156
$4,280,000
Business Description
Permanent Management Rights For Sale
Quiet Suburb with Growth Potential
Situated in a serene and rapidly growing suburb, this exceptional management rights opportunity includes two complexes located within 200 meters of each other. Additionally, there is a rent roll of 39 houses situated directly across the road, making this a highly efficient and easily manageable operation.
- Combined Net Profit: $687,616
- Total Asking Price: $4,280,000
- Large Letting Pool: 139 townhouses within a total of 187 townhouses
- Attached Rent Roll: 39 houses conveniently located across the road
- Operational Excellence: Robust systems are in place, delivering quality service with minimal complexity
- Long-Term Agreements: Secure management rights with 24 and 20 years remaining on agreements
- Strong Body Corporate Relationships: Excellent rapport with body corporate committees, supporting smooth and collaborative operations
- Low Maintenance: Well-presented and easy-to-maintain common areas
- Facilities: Enhance tenant appeal with features including a pool, gym, and CCTV security system
- Manager’s Unit: Large, modern 4-bedroom stand-alone townhouse with an on-site office, double lock-up garage, air conditioning, a spacious backyard with a covered patio area, and multiple living spaces
- No Fixed Office Hours: Offers flexibility in management style
This unique opportunity presents investors with a high-yield asset located in a quiet suburb poised for growth, close to train services and other amenities. It's an ideal acquisition for those looking to secure a stable and profitable addition to their portfolio in a desirable location.
Net Profit: $687,616
Asking Price: $4,280,000
(Inclusive of manager's real estate)
For further information or to arrange an inspection of this Management Rights business for sale contact:
Exclusive Management Rights Broker
Mark Neale
Property Code: 883
Business Summary
Business Snapshot
Price: $4,280,000
Net Profit: $687,616 Remuneration / Body Corp Salary: $293,843
Managers Unit
Value of Managers Apartment: $600,000Bedrooms: 4Bathrooms: 2Car Spaces: 2Office: On TitlePets OK: YesThe real estate component of the investment, priced at $600,000, includes a large, modern 4-bedroom stand-alone townhouse. This unit is designed for comfort and efficient management, featuring a spacious on-site office and a double lock-up garage. The property is fully air-conditioned, offering year-round comfort. There are ceiling fans throughout. A private backyard with a covered patio area, ideal for outdoor dining or relaxation. Multiple living spaces provide ample room for both work and leisure.
Complex Information
Complex Type: PermanentTotal Units in Complex: 187Total Units in Letting Pool: 139Owner Occupy Units: 41Outside Agent Units: 6Manager Units: 1Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 24 yearsPool: YesGym: Yes
Key Investment Insights
Management Rights Multiplier: 5.35
ROI Estimate: 18.69%