Loganholme, Queensland

Sold & Settled - Business Only, NO Facilities in Brisbane Southside - ID 9211

SOLD

Business Description

Permanent Management Rights for Sale
The Best 2nd Income with Extreme Flexibility

- No requirement to purchase real estate

- No requirement to live onsite

- No office hours

- No swimming pool to maintain

- No BBQ area to clean

- No complex gate to manage

- 25-year agreement with 24 years remaining

- Stable body corporate salary of $40,046 plus GST, with annual CPI increases

- Very easy caretaking duties, requiring only a few hours per week

- Prime and popular Brisbane Southside location — close to major highways and all amenities

- Net profit of $87,054

- Modern, newly built complex with very low maintenance

- All permanent rentals with a stable letting pool of 17; only 1 managed by an outside agent

An ideal second income opportunity with outstanding flexibility - one you simply can’t afford to miss!

For further information or to arrange an inspection of this business opportunity contact:
Exclusive Management Rights Broker
Bill He

Property Code: 1063

Business Summary

Business Snapshot

Price: SOLD Net Profit: $87,054 Remuneration / Body Corp Salary: $40,046Business Value: $479,000

Managers Unit

Value of Managers Apartment: $479,000

Complex Information

Complex Type: PermanentAgreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 24 years

Marketing Agent

Bill He

MR Sales

Key Investment Insights

AI generated. Confirm details with the seller.

1. Business-only sale already sold and settled, facilities not included, no requirement to purchase real estate.
2. 25-year management agreement with 24 years remaining, providing long-term contractual security.
3. Net profit of $87,054, supplemented by a stable body corporate salary of $40,046 plus GST with annual CPI increases.
4. Exceptionally low time commitment, caretaking duties require only a few hours per week and no office hours.
5. No onsite living obligation; owner need not reside at the complex.
6. Minimal operational burden, no swimming pool, BBQ area or complex gate to maintain or manage.
7. Modern newly built complex with very low maintenance requirements, supporting predictable operating costs.
8. All permanent rental stock with a stable letting pool of 17 units, only one unit managed by an external agent, indicating high internal leasing control.
9. Prime Brisbane Southside location, close to major highways and all amenities, enhancing tenant demand and accessibility.
10. Manager’s apartment valued at $479,000, demonstrating underlying real estate value although not included in this business-only sale.