9 Fuller Street, Lutwyche, Queensland
Brisbane Management Rights with Outstanding ROI
Under Contract / Offer
Business Description
An outstanding opportunity to acquire the business-only management rights of Urban Ridge Terraces, a well-regarded townhouse complex in Brisbane. The agreements have just been topped up to a full 25 years, providing excellent long-term security and peace of mind for the incoming operator.
The current owner is ready to retire, creating the perfect chance for a new manager to step into a streamlined, low-maintenance business. With minimal day-to-day workload, this opportunity combines lifestyle flexibility with a strong financial return.
All major equipment required for the operation is owned by the Body Corporate, keeping overheads low. Should you wish to retain the office furniture and equipment, the vendor is happy to include these in the sale for a smooth handover.
Most notably, this complex delivers a remarkable ROI of 19.5% — a rare find in today’s market. Such returns, paired with long agreements and an easy-to-run operation, make this business exceptional value for both first-time operators and seasoned management rights buyers.
For those seeking a secure, profitable and lifestyle-friendly investment in Brisbane, Urban Ridge Terraces is a standout opportunity
Business Summary
Business Snapshot
Price: Under Contract / Offer
Net Profit: $175,220 Remuneration / Body Corp Salary: $88,926
Complex Information
Complex Type: PermanentTotal Units in Complex: 49Total Units in Letting Pool: 22Owner Occupy Units: 20Outside Agent Units: 7Agreement Term: 25 yearsAgreement Term Remaining: 25 years
Key Investment Insights
1. Highly profitable business with a remarkable ROI of 19.5%.
2. Long agreements of 25 years providing excellent long-term security and peace of mind for the incoming operator.
3. Low day-to-day workload and minimal overheads, making this an easy-to-run operation.
4. All major equipment required for the operation is owned by the Body Corporate, keeping overheads low.
5. The current owner is ready to retire, creating the perfect opportunity for a new manager to step in.
6. The vendor is willing to include office furniture and equipment in the sale for a smooth handover.
7. Exceptional value for both first-time operators and seasoned management rights buyers.
8. Standout opportunity for those seeking a secure, profitable and lifestyle-friendly investment in Brisbane.
9. Complex consists of 49 units with 22 units in the letting pool.
10. Permanent complex with 20 owner-occupied units and 7 units managed by outside agents.
