Brassall, Queensland
Exclusive - 2.94 Low Multiplier with Over 90% Secure Income from Salary - ID 9233
$1,030,000
Business Description
Permanent Management Rights For Sale
Quality 3 Bedroom Townhouse Included
- This business offers an exceptionally secure income stream, with a Body Corporate remuneration of $107,458 plus GST, increased annually by CPI. The Body Corporate salary represents more than 90% of the total income, providing outstanding security and certainty of revenue.
- An ideal semi-retirement lifestyle business featuring extremely simple and low-maintenance caretaking duties with minimal gardening, allowing ample time to pursue other employment or generate additional income.
- Net Profit: $105,324
- Exceptional value with a low multiplier of only 2.94.
- Offered for urgent sale due to family reasons.
- Current letting pool of only 3 units, together with 17 units managed by outside agents, presenting significant future income growth opportunities through expanding the letting pool and generating additional sales commissions.
- Secure 25-year Accommodation Module agreement with approximately 22 years remaining.
Quality, solid, newly renovated three-bedroom manager's townhouse featuring:
- 3 spacious bedrooms
- 2 bathrooms
- Single lock-up garage
- Air conditioning
- Private courtyard
- Large professional office on title with separate entrance
- Convenient location within a peaceful residential environment
The perfect combination of an outstanding lifestyle, exceptionally secure income, and an easy-to-manage business.
Total Asking Price: $1,030,000 (including the quality three-bedroom manager's townhouse).
If you've been searching for a quality management rights business with outstanding income security and exceptional value, your search ends here.
Net Profit: $105,324
Asking Price: $1,030,000
(Inclusive of Manager's Real Estate)
For further information or to arrange an inspection of this Ipswich Management Rights business for sale contact:
Exclusive Management Rights Broker
Bill He
Property Code: 1177
Business Summary
Key Investment Insights
1. Over 90% of revenue is secure Body Corporate income of $107,458 plus GST, indexed annually by CPI, providing exceptional revenue certainty.
2. Net profit is $105,324, indicating the business’s profitability is largely driven by the fixed Body Corporate remuneration.
3. Very low multiplier of 2.94, signalling strong value for money relative to earnings.
4. Total asking price $1,030,000, inclusive of the quality three-bedroom manager’s townhouse and Manager’s Real Estate.
5. Manager’s townhouse is newly renovated, three bedrooms, two bathrooms, single lock-up garage, air conditioning and private courtyard, supporting live-in management.
6. Large professional office on title with separate entrance, enabling on-site administration and professional presentation.
7. Secure 25-year Accommodation Module agreement with approximately 22 years remaining, adding long-term contract stability.
8. Current letting pool comprises only 3 units, with a further 17 units managed by outside agents, presenting clear upside to grow management income and sales commissions.
9. Extremely simple, low-maintenance caretaking duties with minimal gardening, suitable for semi-retirement or part-time ownership.
10. Convenient Ipswich location within a peaceful residential environment, enhancing lifestyle appeal for on-site managers.
11. Offered for urgent sale due to family reasons, which may support a timely transaction.
