Browns Plains, Queensland
Just Completed with New 25 Year Agreement.
Under Contract / Offer
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: Under Contract / Offer
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. Brand-new 25-year management agreement in place, with the full 25 years remaining, providing long-term income security.
2. Business-only management rights sale, no real estate purchase required, enabling lower capital outlay.
3. Completed permanent complex of 18 modern townhomes, eliminating construction risk.
4. 14 of 18 units are in the letting pool, indicating strong rental participation and income potential.
5. Net profit of $58,401, supported by a Body Corporate salary of $19,800, demonstrating clear current cashflow.
6. Only minimal caretaking duties required, suggesting low operational workload and easier management.
7. Located in Browns Plains, 30 minutes from Brisbane and 40 minutes from the Gold Coast, benefiting from commuter and holiday demand.
8. Area supported by over $84 million in surrounding infrastructure projects, indicating ongoing growth and demand.
9. Four lockup units available, providing secure storage or potential additional revenue/options.
10. Listed as under contract / offer, signalling active buyer interest and market validation.
