Everton Hills, Queensland
Low-Maintenance Permanent Management Rights - ID 9185
$1,100,000
Business Description
Permanent Management Rights For Sale
Brisbane Northside - Super Simple Work
- No property attached
- No office hours required
- No need to live onsite
- No responsibility for garbage bin collection
- Only one small, easy to maintain pool and BBQ across two complexes with minimal duties
- Nearly new, modern townhouse complexes with a low maintenance gardens and limited lawn
- Stable high salary of nearly $100,000 with annual CPI increases
- High net profit of $188,740
- Additional income potential
- All permenant rentals: 25 in the letting pool plus 5 external lets, 10 with outside agents
- Long term agreements: 25 years total with 24 and 21 years remaining
An impeccable, easy to manage business offering flexibility and high income. Call now to secure this opportunity and avoid missing out.
Net Profit: $188,000
Asking Price: $1,100,000
For further information or to arrange an inspection on this Brisbane Management Rights business for sale contact:
Management Rights Broker
Bill He
Property Code: 958
Business Summary
Business Snapshot
Price: $1,100,000
Net Profit: $188,740 Remuneration / Body Corp Salary: $97,844
Managers Unit
No residence to purchase with this management rights business
Complex Information
Complex Type: PermanentTotal Units in Complex: 75Total Units in Letting Pool: 30Owner Occupy Units: 39Outside Agent Units: 10Manager Units: 1Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 24 yearsPool: YesBBQ Area: Yes
Key Investment Insights
1. Asking price $1,100,000, net profit $188,740, remuneration/body corporate salary approximately $97,844.
2. Brisbane Northside location, advertised as low-maintenance modern townhouse complexes.
3. Total of 75 units, 30 in the letting pool, 39 owner-occupied, 10 handled by outside agents.
4. Long-term agreements in place, 25-year term with remaining terms of 24 years and 21 years.
5. Low operational workload, no office hours required, no need to live onsite, no garbage bin collection responsibility.
6. Minimal onsite maintenance, only one small easy-to-maintain pool and one BBQ area across two complexes.
7. Nearly new construction with low-maintenance gardens and limited lawn, reducing upkeep and contractor costs.
8. Stable salary component near $100,000 with annual CPI increases, providing predictable cash flow.
9. Additional income potential explicitly noted, opportunity to grow earnings beyond current net profit.
10. Manager unit exists but no residence is included in the sale, buyer does not need to purchase a managers unit.
