Everton Hills, Queensland
$188,740 Net Profit, No Property Required - 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. High net profit of $188,740 against an asking price of $1,100,000, indicating strong cashflow potential.
2. Stable body corporate salary of about $97,844 with annual CPI increases, providing predictable owner remuneration.
3. No property required, sale excludes a manager’s residence, reducing upfront capital outlay and ongoing property management.
4. Flexible, low‑commitment operations with no required office hours and no need to live onsite, suitable for absentee owners.
5. Minimal operational workload, comprising one small, easy‑to‑maintain pool and a single BBQ area across two complexes.
6. Nearly new, modern townhouse complexes with low‑maintenance gardens and limited lawns, lowering maintenance costs and time.
7. Letting pool scale and mix: approximately 30 letting pool units, comprising 25 permanent rentals plus 5 external lets, alongside 10 units managed by outside agents.
8. Long‑term contractual security with agreement modules totalling 25 years, with remaining terms reported as 24 years and 21 years.
9. Large overall complex size of 75 units, with 39 owner‑occupied units, offering a balanced revenue base and community stability.
10. Location appeal: Brisbane Northside positioning, likely attractive to owners and tenants in that market.
