BRISBANE CENTRAL REGION
Business Only, Close to Brisbane City - ID 9216
$899,880
Business Description
Permanent Management Rights for Sale
Almost NO Facilities, Super Easy Duties
- No requirement to live onsite
- No need to purchase real estate
- No office hours and no office required
- No swimming pool to maintain
- Only a rarely used BBQ; no other facilities
- 25-year agreement, with 24 years remaining
- Significant income upside potential through repairs, sales, and more
This business-only opportunity near Brisbane City offers a stable body corporate salary of $65,550 plus GST with annual CPI increases, minimal gardens, and light caretaking duties. There’s a high net profit of $134,686 from a permanent rental pool of 22 properties, plus 5 managed externally. Sale price is $899,880, with easy management and excellent inner-city location.
Net Profit: $134,686
Asking Price: $899,880
For further information or to arrange an inspection of this Brisbane Management Rights opportunity contact:
Management Rights Broker
Bill He
Business Summary
Business Snapshot
Price: $899,880
Net Profit: $134,686
Managers Unit
No real estate to purchase with this business
Complex Information
Complex Type: PermanentAgreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 24 yearsBBQ Area: Yes
Key Investment Insights
1. Permanent management rights business-only sale, no real estate purchase required, managers unit not included.
2. Prime inner-city location close to Brisbane CBD, enhancing rental demand and resale appeal.
3. 25-year accommodation agreement with 24 years remaining, providing long-term contractual security.
4. Stable body corporate salary of $65,550 plus GST, indexed annually to CPI.
5. High reported net profit of $134,686, indicating solid current earnings.
6. Asking price $899,880, implying an approximate pre-tax yield of about 15% on asking price.
7. Minimal facilities to maintain, only an infrequently used BBQ, no swimming pool, resulting in low operating overheads.
8. Super easy duties with no requirement to live onsite, no office hours and no office required, enabling flexible operations.
9. Minimal gardens and light caretaking responsibilities, reducing labour and maintenance costs.
10. Value-add potential through additional income streams such as repairs and sales, noted as significant upside.
11. Permanent rental pool of 22 properties supporting the net profit, plus five additional properties managed externally.
