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: $40,046
Managers Unit
Value of Managers Apartment: $479,000Complex Information
Complex Type: PermanentAgreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 24 years
Key Investment Insights
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.
