Eastern Heights, Queensland
Permanent Management Rights for Sale in Ipswich - ID 9202
$655,408
Business Description
Permanent Management Rights for Sale
Super Easy Duties & No Set Hours
- Stable Income: Body Corporate salary makes up over 80% of net profit, ensuring consistent cash flow.
- Low Maintenance: No swimming pool and minimal gardens reduce upkeep.
- No Set Office Hours: Flexible management with no fixed schedule.
- Spacious Residence: 3 bedrooms, 2 bathrooms, double garage, and office on title.
- Growth Potential: 12 units with outside agents offer significant letting pool expansion.
- Minimal Overheads: No costly amenities like pools or major landscaping.
- Stable Body Corporate Salary: $50,344 + GST annually, with CPI increases.
- Net Profit: $52,704 per annum.
- Secure Agreements: 25-year term with over 13 years remaining.
- Great Value: Low multiplier of 2, asking only $655,408 including the spacious manager’s unit.
Secure a large property and get the business nearly free.
Net Profit: $52,704
Asking Price: $655,408
(Including spacious 3-bedroom manager’s townhouse )
For further information or to arrange an inspection of this Management Rights business for sale contact:
Management Rights Broker
Bill He
Property Code: 1025
Business Summary
Business Snapshot
Price: $655,408
Net Profit: $52,704 Remuneration / Body Corp Salary: $50,344
Managers Unit
Bedrooms: 3Bathrooms: 2Car Spaces: 1Complex Information
Complex Type: n/aGym: Yes
Key Investment Insights
1. Body corporate salary provides over 80% of net profit, delivering highly consistent cash flow.
2. Remuneration is $50,344 plus GST annually, with CPI increases, supporting income growth.
3. Net profit reported at $52,704 per annum, indicating limited reliance on other income streams.
4. Secure long-term agreements, 25 year term with more than 13 years remaining, reducing contract risk.
5. Low multiplier of 2 and asking price $655,408, representing strong value and a relatively low entry cost.
6. Sale includes spacious manager’s townhouse, 3 bedrooms and 2 bathrooms, enhancing owner accommodation value.
7. Operationally low maintenance, no swimming pool and minimal gardens, keeping overheads and service demands low.
8. No set office hours and super easy duties, enabling flexible management and lifestyle advantages.
9. Growth potential via a 12‑unit pool managed by outside agents, offering opportunities to expand letting income.
10. Complex features include an on‑site gym, adding amenity value for residents and potential marketing benefit.
