Goodna, Queensland
Exceptional Management Rights Portfolio with Strong Income and Growth Potential - ID 9173
$1,633,200
Business Description
Permanent Management Rights For Sale
This is your opportunity to secure a thriving management rights business comprising two low-maintenance complexes located just 20 minutes apart. With stable income, minimal upkeep, and significant potential to grow the letting pool, this portfolio is perfectly suited to first-time buyers or seasoned operators looking to expand.
Key Features:
- Reliable income stream with body corporate salary making up ~84% of the net profit.
- Low-maintenance complexes – no pools and minimal garden upkeep.
- Flexible living arrangements, including a rented manager’s residence generating additional income.
- Opportunity to double the letting pool with 24 units currently managed by outside agents.
- Spacious standalone manager’s residences with modern design and functional layouts.
- Prime locations offering tenant appeal, including proximity to parks and essential amenities.
With streamlined operations and exceptional potential for growth, this portfolio offers an outstanding return on investment. Don’t miss your chance to acquire this well-established, easily manageable business.
Net Profit: $184,000
Asking Price: $1,633,200
(Inclusive of Manager’s Real Estate – 2 townhouses)
For further information or to arrange an inspection of this Management Rights business for sale contact:
Management Rights Broker
Bill He
Property Code: 930
Business Summary
Business Snapshot
Price: $1,633,200
Net Profit: $184,000 Remuneration / Body Corp Salary: $155,230
Managers Unit
Value of Managers Apartment: $750,000There is a residence located in each complex. One is a 3 bed, 2 bath residence priced at $450,000. The other is a 2 bed, 1 bath priced at $300,000. There is no requirement to live onsite in one of the complexes, offering the option to lease out for additional income.
Complex Information
Complex Type: PermanentTotal Units in Complex: 89Total Units in Letting Pool: 20Owner Occupy Units: 43Outside Agent Units: 24Manager Units: 2Agreement Module: AccommodationGym: Yes
Key Investment Insights
Management Rights Multiplier: 4.80
ROI Estimate: 20.83%