Fortitude Valley, Queensland

Unique Management Rights Opportunity in Fortitude Valley

Under Contract / Offer

Business Description

A rare find in one of Brisbane’s most desirable precincts.

This well-maintained complex offers a truly flexible management rights business — with no requirement to live onsite, no office hours, and minimal workload. Perfect as an add-on (tack-on) business or an easy-to-manage standalone income stream .Pool managed by outside contractor paid for by BC

✅ No manager’s unit to purchase – just an office on title for $190,000, which provides your Body Corporate voting rights.
✅ Prime location in the heart of the Fortitude Valley precinct – walk to restaurants, shops, and transport.
✅ Quality building with excellent presentation and strong appeal to tenants and owners.

A simple, affordable entry point into the management rights industry — or the ideal bolt-on for an experienced operator looking to grow their portfolio without the overheads.

Enquire today to secure this low-maintenance, high-lifestyle opportunity.

Business Summary

Business Snapshot

Price: Under Contract / Offer Net Profit: $134,449 Remuneration / Body Corp Salary: $85,937

Managers Unit

Value of Managers Apartment: $190,000

Complex Information

Complex Type: PermanentTotal Units in Complex: 53Total Units in Letting Pool: 15Owner Occupy Units: 18Outside Agent Units: 16Lockup Units: 1Agreement Term: 25 yearsAgreement Term Remaining: 20 years

Marketing Agent

Robert Collins

0404 67....

Ras360

Key Investment Insights

1. Located in Fortitude Valley, walkable to restaurants, shops and public transport, offering strong location appeal.
2. Net profit reported at $134,449, indicating a profitable income stream.
3. Remuneration or Body Corporate salary of $85,937, providing a clear recurring cash component.
4. No requirement to live onsite and no set office hours, implying minimal day to day time commitment.
5. Manager’s interest is an office on title priced at $190,000, delivering Body Corporate voting rights without a residential unit purchase.
6. Pool maintenance is outsourced to an outside contractor and paid by Body Corporate, reducing operator responsibility and costs.
7. Well maintained, quality building with strong appeal to both tenants and owners, supporting occupancy and rentalability.
8. Small letting pool of 15 units within a 53 unit complex, allowing focused management and potential for growth.
9. Agreement structure is permanent with a 25 year term and 20 years remaining, providing long term contract stability.
10. Ownership mix includes 18 owner occupied units and 16 outside agent units, suggesting balanced owner and investor representation.
11. Presented as a low-maintenance, affordable entry point or bolt-on acquisition for experienced operators to expand without heavy overheads.
12. Currently under contract or offer, signalling active market interest and potential competition for purchase.

Management Rights Multiplier: 4.80
ROI Estimate: 16.10%