Eight Mile Plains, Queensland

No Live Onsite 82% Salary Ratio in Eight Mile Plains

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

Business Description

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

This business offers the kind of income structure management rights buyers actively look for: a strong Body Corporate salary of $149,455 supporting a verified net profit of $180,987. With the salary representing approximately 82% 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 18.53%, making this a compelling option for buyers who want strong income without taking on an overly complicated operation. The long agreement through to February 2046 further strengthens the opportunity, providing long-term security and confidence for the incoming purchaser.

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

Eight Mile Plains remains one of Brisbane’s most practical southside locations, with excellent access to major employment hubs, public transport, shopping centres, schools and key arterial roads. Its position close to the Pacific Motorway, Gateway Motorway and 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, long agreements and the flexibility to either live onsite or rent out the manager’s unit, this is a secure and appealing management rights 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
Kevin Tsai

Key Investment Insights

1. Verified net profit $180,987, with a Body Corporate salary/remuneration of $149,455, indicating strong, documented earnings.
2. Salary represents approximately 82% of net profit, showing income is predominantly caretaking based rather than reliant on letting commissions.
3. Business ROI of 18.53%, signalling an attractive return for buyers.
4. Long agreement in place to February 2046, with 20 years remaining on a 25 year original term, providing long-term revenue security.
5. No live-onsite requirement, enabling flexible owner arrangements and the option to rent out the manager’s unit for additional income.
6. No set office hours and limited facilities, allowing an incoming manager to structure operations around lifestyle or other commitments.
7. Managers apartment valued at $949,000, configured as 3 bedrooms, 2 bathrooms and 1 car space, representing significant asset value.
8. Total asking price $1.929M, split $980K for management rights and $949K for the unit, allowing separate consideration of business and real estate.
9. Complex is permanent with 60 total units, of which 12 are in the letting pool, 30 are owner occupied and 18 are with outside agents, indicating a mixed but stable ownership profile.
10. Prime Eight Mile Plains location with excellent access to the Pacific Motorway, Gateway Motorway, major employment hubs, public transport, shopping centres and schools, supporting consistent rental demand.
11. Low operational complexity combined with strong, defensive salary income makes this suited to buyers seeking steady cashflow without intensive hands-on letting management.

Management Rights Multiplier: 5.41
ROI Estimate: 9.38%

Listing location
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