Brisbane City, Queensland
Exclusive - Brisbane East - Business Only - Super Simple Income - ID 9223
$346,000
Business Description
Permanent Management Rights For Sale
Earn Reliable Income in Your Spare Time
An outstanding low-maintenance business opportunity across two well-located complexes in Brisbane’s sought-after eastern suburbs. With no requirement to purchase real estate or live onsite, this is the ideal set-and-forget second income.
- No requirement to live onsite
- No need to purchase real estate
- No office or fixed working hours
- No facilities to maintain (no pool, no BBQ area)
- Minimal garden maintenance
- Caretaking duties are extremely simple, requiring only minimal hours per week and easily handled by one person
- Body Corporate Salary: $44,208 + GST (with annual CPI increases)
- Net Profit: $63,101
- Two nearby complexes, easily managed as one portfolio
- Located in convenient Brisbane eastern suburbs
- 25 years agreement with 13 and 16 years remaining
- All permanent rentals, small letting pool of only 5 units
- Strong potential for income growth through letting expansion
A rare, easy-to-manage dual-complex opportunity delivering stable returns with minimal effort—perfect as a second income. Not to be missed!
Net Profit: $63,101
Asking Price: $346,000
For further information or to arrange an inspection of this Brisbane Management Rights business for sale contact:
Exclusive Mangaement Rights Broker
Bill He
Property Code: 1133
Business Summary
Business Snapshot
Price: $346,000
Net Profit: $63,101 Remuneration / Body Corp Salary: $44,208
Managers Unit
No residence to purchase with this business.
Complex Information
Complex Type: PermanentAgreement Module: Accommodation
Key Investment Insights
1. Business-only sale of permanent management rights across two nearby complexes in Brisbane’s eastern suburbs, enabling management without property purchase.
2. Asking price $346,000, with reported net profit of $63,101, indicating an approx 18% net return on asking price.
3. Body Corporate salary $44,208 plus GST, indexed with annual CPI increases, providing a predictable recurring income stream.
4. 25-year management agreement in place, with 13 and 16 years remaining, offering long-term contractual security.
5. All units are permanent rentals, with a very small letting pool of five units, simplifying tenant management.
6. Clear growth avenue through expansion of letting services, noted as strong potential for income increase.
7. Operationally low maintenance, no pools or BBQ areas to manage, minimal garden upkeep required.
8. No requirement to live onsite and no need for an office or fixed working hours, supporting a part-time or second-income ownership model.
9. Caretaking duties described as extremely simple, requiring minimal hours per week and manageable by a single person.
10. Dual-complex structure can be efficiently run as one portfolio, reducing complexity and travel between sites.
