Eight Mile Plains, Queensland

Eight Mile Plains MLR: $181K Net Profit, 82% Salary Ratio, 18.5% ROI

$980K MR + $949K Unit = TOTAL $1.929M

Business Description

An established management rights opportunity in the well-connected, consistently in-demand suburb of Eight Mile Plains.

The income is built on caretaking, not letting. The body corporate salary is $149,455, against a verified net profit of $180,987. The salary makes up about 82% of net profit, which gives buyers a secure, defensive income base. The business ROI is 18.53%.

The agreement runs through to February 2046, giving the incoming purchaser long-term security.

Day to day, the business is simple and flexible. There are no set office hours and no live-onsite requirement, and the facilities are limited, so the manager can run it around their own lifestyle or commitments.

Eight Mile Plains is one of Brisbane's most practical southside locations, with easy access to major employment hubs, public transport, shopping, schools and arterial roads. It is close to the Pacific and Gateway Motorways and major commercial precincts, which supports steady rental demand from families, professionals and long-term tenants.

The high salary-to-profit ratio, strong verified income, long agreement and flexible living options, including the option to rent out the manager's unit, make this a secure opportunity in a proven Brisbane location.

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

Business Summary

Business Snapshot

Price: $980K MR + $949K Unit = TOTAL $1.929M Net Profit: $180,987 Remuneration / Body Corp Salary: $149,455

Managers Unit

Value of Managers Apartment: $949,000Bedrooms: 3Bathrooms: 2Car Spaces: 1

Complex Information

Complex Type: PermanentTotal Units in Complex: 60Total Units in Letting Pool: 12Owner Occupy Units: 30Outside Agent Units: 18Agreement Term: 25 yearsAgreement Term Remaining: 20 years

Marketing Agent

Kevin Tsai

0403 44....

Ras360

Key Investment Insights

AI generated. Confirm details with the seller.

1. Verified net profit of $180,987, with a stated business return on investment of 18.53%.
2. Body corporate salary of $149,455 represents approximately 82% of net profit, providing a substantial caretaking income base.
3. Management agreement runs until February 2046, supporting long term income security.
4. No set office hours or requirement to live onsite provides operational and lifestyle flexibility.
5. Limited facilities simplify day to day management requirements.
6. Eight Mile Plains offers convenient access to employment hubs, public transport, shopping, schools and the Pacific and Gateway Motorways.
7. Permanent residential complex comprises 60 units, including 12 in the letting pool.
8. Manager’s apartment includes three bedrooms, two bathrooms and one car space, with the option to rent it out.
9. Total asking price is $1.929 million, comprising $980,000 for management rights and $949,000 for the manager’s apartment.

Management Rights Multiplier: 5.41
ROI Estimate: 9.38%