Goodna, Queensland

Strong Income & Growth Potential in Goodna Permanent Management Rights for Sale - 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: $750,000

There 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

Marketing Agent

Bill He

MR Sales

Key Investment Insights

- 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.
- Streamlined operations and exceptional potential for growth.
- Outstanding return on investment.
- Two low-maintenance complexes located just 20 minutes apart.
- Stable income with significant potential to grow the letting pool.
- Suitable for first-time buyers or seasoned operators looking to expand.

Management Rights Multiplier: 4.80
ROI Estimate: 20.83%