Brisbane City, Queensland
Exclusive - Business Only - No Facilities - Brisbane East - ID 9221
$608,000
Business Description
Permanent Management Rights For Sale
Easily Managed by One Person in Spare Time
• No need to purchase real estate
• No requirement to live onsite
• No office required
• No office hours
• No swimming pool to maintain
• No BBQ area to clean
Extremely simple caretaking duties requiring minimal hours, easily managed by one person in their spare time.
Stable Body Corporate salary of $72,403 + GST , with CPI increases applied annually.
Conveniently located in Brisbane’s eastern suburbs, the complexes are positioned close to one another and can be efficiently managed as a single portfolio.
All permanent rentals, with a small letting pool of only 10, offering significant income growth potential.
Net Profit: $115,740
Asking Price: $608,000
For further information or to arrange an inspection of this Brisbane Management Rights opportunity contact:
Exclusive Management Rights Broker
Bill He
Property Code: 1113
Business Summary
Key Investment Insights
1. Business-only permanent management rights listing in Brisbane East, no real estate purchase required.
2. Extremely low-operational complexity, caretaking duties minimal and manageable by one person in spare time.
3. No requirement to live onsite, no office required, and no formal office hours needed.
4. No common facilities to maintain, specifically no swimming pool and no BBQ area, reducing maintenance liability and costs.
5. Stable Body Corporate salary of $72,403 plus GST, with annual CPI increases providing indexed recurring income.
6. Net profit reported at $115,740, indicating healthy cash earnings relative to operating requirements.
7. Asking price $608,000, implying an approximate net profit yield of about 19% on the purchase price.
8. Complexes are conveniently located close to one another, enabling efficient management as a single portfolio.
9. All units are permanent rentals with a small letting pool of only 10, presenting clear upside potential to grow letting income.
10. Simple entry for an owner-operator or passive investor given minimal staffing, no onsite living requirement, and limited maintenance obligations.
