Brunswick, Victoria
The perfect Victorian Add On Business-Only Management Rights for Sale Melbourne
$888,888 - Business Only
Business Description
Ready to take the reins of a thriving, low-maintenance business in one of Melbourne’s most desirable suburbs? This is your chance to step into a well-established management rights operation offering strong returns and long-term stability.
Why You'll Love It:
Situated in a vibrant, in-demand Melbourne suburb, this business benefits from an unbeatable location surrounded by stylish cafes, boutique stores, and seamless public transport. Melbourne’s booming property market, combined with this suburb’s lifestyle appeal, makes this a smart investment with future upside.
At a Glance:
💰 Net Profit: $212,161 p.a.
📋 Body Corporate Salary: Over $146,000 p.a.
📆 Agreement Term: 18 years remaining
🏗️ Established Since Construction: Same owner since the building opened 7 years ago
🏘️ Letting Pool: 38 permanent rentals with a reliable tenant base
👤 Solo Operator Friendly: Easily managed by one person; outsourced cleaning services can remain in place
This is a turnkey opportunity with all systems in place. The business boasts a solid rental base, long-term agreements, and the potential for additional earnings from future unit sales within the building (sales not reflected in current P&L).
Whether you're a seasoned operator or a first-time buyer, this is a rare chance to secure a high-performing asset in one of Australia’s most liveable cities.
**Ras360 – Specialists in Management Rights | Motels | Hotels | Pubs | Parks**
Business Summary
Business Snapshot
Price: $888,888 - Business Only
Net Profit: $212,161 Remuneration / Body Corp Salary: $146,792
Complex Information
Complex Type: PermanentTotal Units in Complex: 99Total Units in Letting Pool: 38Owner Occupy Units: 39Outside Agent Units: 18Lockup Units: 5Agreement Term: 25 yearsAgreement Term Remaining: 18 years
Key Investment Insights
1. Well-established management rights operation with strong returns and long-term stability.
2. Located in a desirable and in-demand Melbourne suburb with easy access to public transport, cafes, and boutique stores.
3. Net profit of $212,161 per annum and body corporate salary of over $146,000 per annum.
4. Agreement term of 18 years remaining.
5. Same owner since the building opened 7 years ago.
6. 38 permanent rentals with a reliable tenant base.
7. Easily managed by one person with outsourced cleaning services in place.
8. Potential for additional earnings from future unit sales within the building.
9. Turnkey opportunity with all systems in place.
10. Rare chance to secure a high-performing asset in one of Australia's most liveable cities.
