60 Gawler Crescent, Bracken Ridge, Queensland
Simple & Profitable! Low-Hours Management Rights with Strong Income
SOLD
Business Description
Simple & Profitable! Low-Hours Management Rights with Strong Income
This easily managed Bracken Ridge complex offers a secure, low-maintenance business model with minimal workload—perfect for investors, first-time operators, or industry professionals expanding their portfolio. With stable income, a long-term agreement, and a cooperative Body Corporate, this is a stress-free investment in the thriving management rights sector.
Low Time Commitment – Straightforward caretaking with minimal hours.
Secure Income – Total revenue of $84,383 p.a. including caretaking salary and minor gardening duties.
Strong Agreement – 21 years remaining on a 25-year term, ensuring long-term stability.
Diverse Rental Portfolio – 17 internal rentals + 4 external rentals ($9,000 p.a. external income at a 2.5x multiplier).
Affordable Entry Point – Business price: $399,000. Total Investment: $421,500 @ 4.5x multiplier, achieving an impressive 22.15% ROI.
Bracken Ridge is a fast-growing, family-friendly suburb just 18km north of Brisbane CBD, making it a prime location for renters and investors alike. With its strong demand for affordable housing, excellent amenities, and easy access to major transport links, this area continues to attract long-term tenants and steady rental returns.
Don’t miss this rare chance to secure a low-risk, high-return investment in a thriving rental market. With stable income, long-term security, and minimal workload, this is the perfect opportunity—whether you’re entering the industry, building passive income, or expanding your portfolio. Act now to capitalise on this exceptional offering!
Business Summary
Business Snapshot
Price: SOLD
Net Profit: $84,383 Remuneration / Body Corp Salary: $48,620
Complex Information
Complex Type: PermanentTotal Units in Complex: 35Total Units in Letting Pool: 17Owner Occupy Units: 18Agreement Term: 25 yearsAgreement Term Remaining: 21 years
Key Investment Insights
1. Low-hours management rights, straightforward caretaking with minimal weekly workload, suitable for absentee or part-time operators.
2. Secure annual net income of $84,383, providing a stable revenue stream for investors.
3. Remuneration includes a Body Corporate salary of $48,620, representing a significant portion of total revenue.
4. Long-term agreement security, 21 years remaining on a 25-year term, reducing renewal risk.
5. Diverse rental income mix, 17 internal letting pool units plus 4 external rentals generating $9,000 p.a., enhancing income resilience.
6. Attractive price metrics, business listed at $399,000 with total investment $421,500 at a 4.5x multiplier, reported 22.15% ROI.
7. Small, manageable complex scale, 35 total units with 17 in the letting pool and 18 owner-occupied, limiting onsite operational complexity.
8. Cooperative Body Corporate and low-maintenance model, implying fewer disputes and reduced administrative burden.
9. Prime suburban location, Bracken Ridge 18 km north of Brisbane CBD, positioned in a fast-growing, family-friendly area with strong demand for affordable housing.
10. Good tenant appeal and transport access, combination of local amenities and major transport links supports long-term tenancy and steady rental returns.
