Darra, Queensland

Management Rights with great family home

$517K MR & $880K UNIT = Total $1.397M

Business Description

Ras360 Property Solutions is pleased to present an established management rights opportunity in the highly connected and consistently in-demand suburb of Darra.

This business offers the kind of income structure management rights buyers actively look for: a strong Body Corporate salary of $167,075 supporting a verified net profit of $175.130 With the salary representing approximately 95% of the net profit, the business is heavily underpinned by reliable caretaking income rather than being overly dependent on letting commissions. That gives buyers a stronger, more secure income base and a more defensive business profile.

The return is also highly attractive, with a business ROI of 12.5%, making this a compelling option for buyers who want strong income without taking on an overly complicated operation. There are 3 agreements 2 caretaking and one principal, providing long-term security and confidence for the incoming purchaser.

Operationally, the business is straightforward and flexible. There are no set office hours, and limited facilities, allowing the incoming manager to structure the business around their preferred lifestyle or existing commitments.

Darra remains one of Brisbane’s most practical southside locations, with excellent access to major employment hubs, public transport, shopping centers, schools and key arterial roads. Its position close to major commercial precincts supports consistent rental demand from families, professionals and long-term tenants.

With a high salary-to-net-profit ratio, strong verified income, attractive business ROI, this is a secure and appealing management rights opportunity in a proven Brisbane location.

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

Business Summary

Business Snapshot

Price: $517K MR & $880K UNIT = Total $1.397M Net Profit: $175,130 Remuneration / Body Corp Salary: $162,078

Managers Unit

Value of Managers Apartment: $880,000Bedrooms: 3Bathrooms: 3Car Spaces: 2

Complex Information

Complex Type: PermanentTotal Units in Complex: 102Total Units in Letting Pool: 12Owner Occupy Units: 68Outside Agent Units: 22Agreement Term: 25 yearsAgreement Term Remaining: 20 years

Marketing Agent

Robert Collins

0404 67....

Ras360

Key Investment Insights

AI generated. Confirm details with the seller.

1. Verified net profit $175,130, indicating a profitable established operation.
2. Strong Body Corporate/caretaking salary reported at approximately $162k–$167k, representing roughly 95% of net profit; income heavily underpinned by caretaking rather than letting commissions.
3. Attractive business ROI of 12.5%, offering strong return relative to asking price.
4. Asking structure comprises $517,000 for management rights and $880,000 for the managers unit, total purchase price $1.397 million.
5. Three contracts in place, comprising two caretaking agreements and one letting principal agreement, providing contractual stability.
6. Long agreement term originally 25 years with approximately 20 years remaining, signalling long-term security for the purchaser.
7. Managers apartment valued at $880,000, three bedrooms, three bathrooms and two car spaces, offering high-value residential accommodation.
8. Low operational complexity, no set office hours and limited facilities, enabling flexible owner lifestyle or part-time management.
9. Complex profile: permanent type, 102 total units, 12 units in the letting pool, 68 owner-occupied and 22 managed by outside agents, indicating scope for growth in letting share.
10. Prime Darra location with excellent access to major employment hubs, public transport, shopping centres, schools and arterial roads, supporting consistent rental demand from families, professionals and long-term tenants.

Management Rights Multiplier: 2.95
ROI Estimate: 12.54%