Browns Plains, Queensland
Just Completed with New 25 Year Agreement.
$220,000 - Business Only
Business Description
Waterman Residences presents an ideal low-maintenance investment opportunity in Browns Plains, a thriving growth hub situated between Brisbane and the Gold Coast. This completed complex features 18 modern townhomes and is offered as a business-only management rights opportunity with no real estate purchase required and only minimal caretaking duties.
Perfectly positioned just 30 minutes from Brisbane and 40 minutes from the Gold Coast, the area is underpinned by more than $84 million in surrounding infrastructure projects, ensuring ongoing growth and demand. With 14 of the 18 townhomes in the letting pool, the complex benefits from strong, long-term tenant demand and steady population growth within the Southeast Queensland corridor.
The business delivers a net profit of $58,401 supported by a Body Corporate salary of $19,800, providing a profitable yet easily managed investment. Brand-new 25-year agreements further enhance the appeal, securing long-term income and stability for both first-time and experienced investors. With no real estate purchase required, Waterman Residences offers an affordable entry point into the market while maintaining impressive returns.
Enjoy the peace of mind that comes with stable income in a growing community, all with minimal workload. Contact Ras360 today to secure your place in one of Southeast Queensland’s most promising management rights opportunities.
Ras360 – Specialists in Management Rights | Motels | Hotels | Pubs | Parks
Business Summary
Business Snapshot
Price: $220,000 - Business Only
Net Profit: $58,401 Remuneration / Body Corp Salary: $19,800
Complex Information
Complex Type: PermanentTotal Units in Complex: 18Total Units in Letting Pool: 14Lockup Units: 4Agreement Term: 25 yearsAgreement Term Remaining: 25 years
Key Investment Insights
1. Completed 18‑townhome complex, offered as a business‑only management rights opportunity, no real estate purchase required.
2. Brand‑new 25‑year agreements in place, with the full 25 years remaining, securing long‑term income and stability.
3. Net profit $58,401, supported by a Body Corporate salary/remuneration of $19,800, demonstrating clear, disclosed earnings.
4. Asking price $220,000 for the business only, indicating an affordable entry point relative to recurring net income.
5. 14 of the 18 townhomes already in the letting pool, signalling established rental income and operational occupancy.
6. Only minimal caretaking duties noted, implying low day‑to‑day workload and suitability for first‑time investors.
7. Four lockup units provide additional secure storage or ancillary revenue/amenity potential.
8. Located in Browns Plains, 30 minutes from Brisbane and 40 minutes from the Gold Coast, offering commuter and leisure catchment.
9. Area supported by over $84 million in nearby infrastructure projects, underpinning future growth and demand.
10. Positioned within the growing Southeast Queensland corridor, with stated steady population growth and long‑term tenant demand.
11. Completed condition reduces near‑term capital expenditure risk, enabling focus on management and income delivery.
