Kirwan, Queensland
Massive $338 Nett for Townsville Management Rights
$1.403M MR & $649k Unit = Total $2.052M
Business Description
Do not miss out!
Management rights delivering this high nett profit are rare in Townsville
⭐KEY HIGHTLIGHTS:
💰 Approx. $338k Nett Profit
💼 Business Price: $1,403,000
📈 Business Return on Investment 24%+
🏡 Manager's Residence: $649,000
💵 Total Investment: $2,052,000
📈 Total Return on Investment: 16%+
📋• Body Corporate Salary: Approx. $294k per annum
📅• 22 Years Remaining on Accommodation Module agreements
🏡• 133-House Residential Community
🔑• 28 Properties in the established letting pool
- 22 Inside the complex
- 6 Outside the complex
📈• Secure income with genuine future growth potential
💼• Over $5.2 million in in-complex property sales during the 2025/26 financial year
✓ Combining secure recurring income, long-term agreement security and multiple income opportunities, this business will appeal to both owner-operators and investors seeking a quality Management Rights asset.
Situated in the popular suburb of Kirwan, Royal Palms comprises 133 quality homes within a well-maintained gated community, with 28 properties currently in the letting pool. The business benefits from efficient day-to-day operations, a substantial Body Corporate salary and an established letting business, delivering an attractive work/life balance together with secure recurring income.
With approximately 20 rental properties currently managed by outside agencies, there is a clear opportunity to expand the letting pool and grow recurring management income.
A key point of difference is the additional income potential available through in-complex property sales. During the 2025/26 financial year, property transactions within Royal Palms exceeded $5 million, demonstrating an active marketplace and providing a valuable opportunity for a licensed operator to generate additional commission income.
For buyers seeking a more passive investment, there is also the potential for the current onsite managers to remain in place under an agreed management arrangement, providing flexibility for purchasers who wish to benefit from the business without undertaking the day-to-day operational role.
Businesses offering secure income, long agreement terms, multiple revenue streams and genuine operational flexibility are rarely available. Royal Palms represents an outstanding opportunity to secure a premium Management Rights business in one of Townsville's strongest residential markets.
** Ras360 Property Solutions – Specialists in Management Rights | Motels | Hotels | Pubs | Parks **
Business Summary
Business Snapshot
Price: $1.403M MR & $649k Unit = Total $2.052M
Net Profit: $338,368 Remuneration / Body Corp Salary: $293,867
Managers Unit
Value of Managers Apartment: $649,000Bedrooms: 3Bathrooms: 2Car Spaces: 2Complex Information
Complex Type: PermanentTotal Units in Complex: 133Total Units in Letting Pool: 28Owner Occupy Units: 85Outside Agent Units: 20Agreement Term: 25 yearsAgreement Term Remaining: 22 years
Key Investment Insights
AI generated. Confirm details with the seller.
1. Approximately $338,368 net profit with a 24%+ business return on investment.
2. The $293,867 annual Body Corporate salary provides substantial recurring remuneration.
3. Twenty two years remain on accommodation module agreements, supporting long term income security.
4. Royal Palms is a well maintained, gated 133 home residential community in Kirwan, Townsville.
5. The established letting pool includes 28 properties, comprising 22 within the complex and six externally.
6. Approximately 20 complex properties are managed by outside agencies, presenting a clear letting pool expansion opportunity.
7. In complex property sales exceeded $5.2 million during the 2025/26 financial year, creating additional commission potential for a licensed operator.
8. The three bedroom, two bathroom manager’s residence includes two car spaces and is valued at $649,000.
Management Rights Multiplier: 4.15
ROI Estimate: 16.49%
