Collingwood Park, Queensland

Effortless Cashflow Renter's Paradise Complex

SOLD

Business Description

Ras360 is pleased to present the ultimate low-maintenance, lifestyle-friendly management rights business — purpose-built for buyers who value freedom, flexibility, and strong returns. With no office hours in place, you’re in full control of your schedule — manage your time your way, without being tied to a desk or locked into a rigid roster.

A standout feature is the manager’s residence: a rare freestanding 4-bedroom home offering exceptional space, privacy, and modern comfort. Its oversized layout delivers the true feel of a standalone house — a premium advantage seldom seen in today’s MLR market. Prefer to live offsite or simply maximise your yield? The residence can be leased out to generate additional income and is currently rented at $600 per week, producing approximately $31,000 per year in extra cashflow. This gives buyers the flexibility to either occupy the home or continue enjoying this valuable income top-up.

This complex is a true renter’s favourite. With consistent rental enquiry, extremely low vacancy, and strong, stable rental rates, you’ll benefit from reliable letting income supported by high demand and minimal tenant turnover. Properties here are tightly held and highly sought-after — keeping the letting pool full and the income stream strong year-round.

Forget the typical daily grind. The complex is supported by a dedicated gardener, meaning lawns, gardens, and outdoor maintenance are already taken care of. With this major labour component outsourced, the day-to-day workload remains minimal — the current managers attend the complex only 1–2 days per week, making this one of the easiest businesses to operate. Perfect for first-time operators, semi-retirees, or anyone seeking a stress-free setup with strong financial performance.

With a solid Body Corporate salary, dependable rental income, and the option to continue leasing the manager’s residence for additional cashflow, this opportunity delivers the best of both worlds — a strong income paired with genuine lifestyle freedom. Enjoy stable recurring returns while retaining the flexibility to streamline, scale, or operate hands-off as you choose.

Ras360 – Specialists in Management Rights | Motels | Hotels | Pubs | Parks

Business Summary

Business Snapshot

Price: SOLD Net Profit: $200,710 Remuneration / Body Corp Salary: $73,597

Managers Unit

Value of Managers Apartment: $698,000Bedrooms: 4Bathrooms: 2Car Spaces: 2

Complex Information

Complex Type: PermanentTotal Units in Complex: 52Total Units in Letting Pool: 39Owner Occupy Units: 6Outside Agent Units: 6Lockup Units: 1Agreement Term: 25 yearsAgreement Term Remaining: 22 years
Marketing Agent
Kevin Tsai
Kevin Tsai

Key Investment Insights

AI generated. Confirm details with the seller.

1. Net profit of $200,710, supported by a $73,597 Body Corporate salary and recurring letting income.
2. The manager’s residence can generate approximately $31,000 annually, currently leased at $600 per week.
3. Freestanding four bedroom, two bathroom residence offers privacy, space, modern comfort and two car spaces.
4. No office hours are required, with managers attending the complex only one to two days weekly.
5. A dedicated gardener manages lawns, gardens and outdoor maintenance, reducing operational workload.
6. Permanent complex includes 52 units, with 39 in the letting pool and only one lockup unit.
7. Consistent rental enquiry, extremely low vacancy and stable rental rates support dependable letting income.
8. The 25 year agreement has 22 years remaining, providing substantial operating tenure.
9. Flexible setup suits buyers seeking lifestyle freedom, semi retirement or a low maintenance management rights operation.

Management Rights Multiplier: 4.44
ROI Estimate: 12.62%

Listing location
Gallery

This Business is sold

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