Brassall, Queensland

Rare 3.21x Multiplier + Recent 5 Yr Top Up at Central of Ipswich!

Must Sell - $350K MR + $598K Unit = Total $948k

Business Description

Ras360 is proud to present this established management rights business of 68 townhouses, delivering a secure $109,173 net profit at an exceptionally rare 3.21x multiplier.

Operating under the Accommodation Module, the agreements now enjoy 23 years remaining following a recently approved 5-year top-up at AGM, providing long-term, bankable cashflow secured through to 2048 — a highly sought-after feature in today’s market.

Currently structured as caretaking plus six lettings, the business offers a light workload, averaging approximately 10am–2pm on weekdays. There is no live-in requirement, no gym, minimal gardening, and simple, low-maintenance facilities including a pool, BBQ area, and landscaped gardens, making this an ideal low-stress, lifestyle-friendly operation.

Further upside exists with 15 additional units currently managed externally, presenting a clear pathway to expand the letting pool and increase income over time.

The offering includes a spacious three-bedroom, two-bathroom manager’s unit with a separate office, single garage plus space for an additional vehicle, gas cooktop, fresh paint, air-conditioning in two bedrooms, ceiling fans throughout, and built-in wardrobes in all rooms — comfortable and well-appointed for onsite living if desired.

Ideally located just minutes from Brassall Shopping Centre, 10 minutes to Ipswich CBD, and approximately 45 minutes to Brisbane, this opportunity combines long-term agreement security, low operational intensity, and genuine growth potential in one of South East Queensland’s most promising regions.

Ras360 – Specialists in Management Rights | Motels | Hotels | Pubs | Parks

Business Summary

Business Snapshot

Price: Must Sell - $350K MR + $598K Unit = Total $948k Net Profit: $109,173 Remuneration / Body Corp Salary: $107,459

Managers Unit

Value of Managers Apartment: $598,000Bedrooms: 3Bathrooms: 2Car Spaces: 2

Complex Information

Complex Type: PermanentTotal Units in Complex: 68Total Units in Letting Pool: 6Owner Occupy Units: 47Outside Agent Units: 15Agreement Term: 25 yearsAgreement Term Remaining: 18 years

Marketing Agent

Kevin Tsai

0403 44....

Ras360

Key Investment Insights

1. Rare 3.21x multiplier on a management rights business, signalling premium pricing relative to earnings.
2. Net profit $109,173, with remuneration/body corporate salary $107,459, providing clear current cashflow.
3. Total asking price $948,000, structured as $350,000 for management rights plus $598,000 for the manager’s unit.
4. Recently approved 5-year top-up to agreements, securing bankable cashflow through to 2048 and providing long-term income stability.
5. Complex size 68 townhouses, offering scale benefits while only six units currently in the letting pool.
6. Immediate growth upside with 15 additional units managed externally, presenting a clear pathway to expand the letting pool and increase revenue.
7. Low-intensity operations, average caretaker hours approximately 10am to 2pm weekdays, no live-in requirement, no gym, minimal gardening.
8. Simple, low-maintenance onsite facilities including a pool, BBQ area and landscaped gardens, supporting the low-stress, lifestyle-friendly operation.
9. Included spacious three-bedroom, two-bath manager’s unit with separate office, single garage plus additional parking, air-conditioning in two bedrooms, ceiling fans throughout and built-in wardrobes; suitable for onsite living if desired.
10. Convenient central Ipswich location, minutes to Brassall Shopping Centre, 10 minutes to Ipswich CBD and about 45 minutes to Brisbane, enhancing tenant appeal and resale prospects.
11. Snapshot shows agreement term 25 years with remaining term listed as 18 years, alongside the top-up to 2048; long-term contractual clarity will require buyer verification.

Management Rights Multiplier: 3.21
ROI Estimate: 11.52%