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 Business Value: $899,880

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

Marketing Agent

Bill He

MR Sales

Key Investment Insights

AI generated. Confirm details with the seller.

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.