Brassall, Queensland

Health Issue @ 3.85x - $104k Profit in Prime Ipswich, Minimal Duties + 5 Year Top Up In Motion!

Retiring - $401K MR + $598K Unit = Total $999k

Business Description

Offered for sale due to health reasons, this established management rights of 68 townhouses delivers a secure $104,349 p.a. net profit. The agreements sit under the Accommodation Module with 18 years remaining, and a 5-year top-up motion is already underway, extending them through to 2048 for the incoming manager.

Currently operated as caretaking plus 6 lettings included in the sale, it’s the ideal lifestyle business. The workload is light—just 10 am–2 pm weekdays, with no live-in requirement, minimal gardening, no gym, and straightforward facilities such as a pool, BBQ and landscaped gardens.

For buyers seeking growth, there’s additional upside. A further 15 units in the complex are currently managed externally, presenting a clear opportunity to expand the letting pool and grow the income over time.

The location is another strong drawcard—minutes from Brassall Shopping Centre, just 10 minutes to Ipswich CBD, and around 45 minutes to Brisbane via the Ipswich and Warrego Motorways.

This is a rare chance to secure a low-stress, secure income with 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: Retiring - $401K MR + $598K Unit = Total $999k Net Profit: $104,349 Remuneration / Body Corp Salary: $102,635

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
Kevin Tsai

Key Investment Insights

1. Offered for sale due to health reasons, providing an opportunity for a new owner to take over an established business.
2. Management rights of 68 townhouses delivering a secure $104,349 p.a. net profit.
3. Agreements sit under the Accommodation Module with 18 years remaining, with a 5-year top-up motion already underway.
4. Currently operated as caretaking plus 6 lettings included in the sale, providing a low-stress lifestyle business.
5. Light workload of just 10 am-2 pm weekdays, with no live-in requirement and minimal gardening.
6. Additional upside potential with 15 units in the complex currently managed externally.
7. Prime location, minutes from Brassall Shopping Centre and just 10 minutes to Ipswich CBD.
8. Rare opportunity to secure a low-stress, secure income with genuine growth potential.
9. Managers unit valued at $598,000 with 3 bedrooms, 2 bathrooms, and 2 car spaces.
10. Complex information includes 68 total units, 6 units in the letting pool, and 15 outside agent units.

Management Rights Multiplier: 3.85
ROI Estimate: 26.00%

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