Brisbane City, Queensland

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:

Management Rights Broker
Bill He

Property Code: 1113

Business Summary

Complex Information

Marketing Agent

Bill He

MR Sales

Key Investment Insights

AI generated. Confirm details with the seller.

1. Extremely low-effort caretaking role, described as easily managed by one person in their spare time.
2. Business-only sale, no need to purchase real estate, reducing upfront capital outlay.
3. No requirement to live onsite, increasing buyer flexibility and appeal.
4. No office required and no office hours, implying minimal administrative overhead and operating costs.
5. No swimming pool or BBQ area to maintain, reducing maintenance workload and liabilities.
6. Stable Body Corporate salary of $72,403 plus GST, with annual CPI increases for predictable income growth.
7. Net profit reported at $115,740, providing clear current profitability metrics.
8. Asking price $608,000, allowing calculation of return on investment from provided profit figures.
9. Complexes located in Brisbane’s eastern suburbs and positioned close to one another, enabling efficient portfolio management and travel time savings.
10. All permanent rentals with a small letting pool of 10, indicating limited vacancy risk and potential for income growth through lettings optimisation.