Meadowbrook, Queensland
Profitable Management Rights & Modern Living in Meadowbrook – Perfect Business & Lifestyle Combo!
$350k MR & $600k Unit = Total $950k
Business Description
Both unit and business price have been substantially reduced to below market value. Owner is now committed else where
Discover the perfect blend of business and lifestyle with the management rights for Meadowbrook Place, a low-maintenance complex in near-new condition. This opportunity includes a spacious and modern 3-bedroom Manager's townhouse featuring a large backyard, perfect for families and pets. The complex is ideally located close to essential amenities such as the hospital, university, and rail, making it a convenient and attractive place to live. Enjoy comfortable living while managing a profitable one-person business.
Economic Highlights of Meadowbrook Suburb:
Meadowbrook is a thriving suburb known for its strong community infrastructure and strategic location. The presence of Logan Hospital and Griffith University Meadowbrook Campus fuels a steady demand for housing, making it a stable investment environment. Excellent public transport links, including the Meadowbrook Train Station, provide easy access to surrounding areas, enhancing the suburb's appeal. Meadowbrook's economic growth is further supported by ongoing development projects, ensuring a promising future for residents and investors alike. this complex will not disappoint
Key Details:
> Nett Profit: $92,000
> Business Price: $350,000 @ 3.8 x
> Unit Price: $600,000
> Total Price: $950,000
> Accommodation Module: 19 years remaining
For more information, please contact Robert Collins, Joint Exclusive Agent, at ---------- or via email at ----------
**Ras 360 Property Solutions - Management Rights |Motels | Hotels | Pubs | Parks ***
Business Summary
Business Snapshot
Price: $350k MR & $600k Unit = Total $950k
Net Profit: $92,318 Remuneration / Body Corp Salary: $63,964
Managers Unit
Bedrooms: 3Bathrooms: 2Car Spaces: 2Complex Information
Complex Type: PermanentTotal Units in Complex: 45Total Units in Letting Pool: 14Owner Occupy Units: 25Outside Agent Units: 4Agreement Term: 25 yearsAgreement Term Remaining: 25 years
Key Investment Insights
1. Net profit of approximately $92,000, indicating an established profitable management rights operation.
2. Business price $350,000, quoted at 3.8 times net profit, providing a clear earnings multiple for valuation comparison.
3. Unit price $600,000, total asking price $950,000 for combined management rights and manager’s townhouse.
4. Manager’s townhouse is modern and spacious, three bedrooms, two bathrooms, two car spaces, and a large backyard suitable for families and pets.
5. Complex described as near-new and low-maintenance, reducing short-term capital expenditure and upkeep burden.
6. One-person business model feasible, supporting lifestyle appeal for an owner-operator.
7. Accommodation module listed as 19 years remaining, providing medium-term security for residency components.
8. Agreement term information also shows 25-year term with 25 years remaining, indicating long-term contractual structure for the management rights.
9. Complex scale and composition: 45 total units, 14 in the letting pool, 25 owner-occupied units, and 4 managed by outside agents, showing a diversified occupancy mix.
10. Location advantages include proximity to Logan Hospital, Griffith University Meadowbrook campus, and Meadowbrook Train Station, driving steady rental demand and convenience for residents.
11. Suburb economic outlook supported by ongoing development and strong community infrastructure, implying stable future demand for housing and management services.
12. Reported remuneration/body corporate salary of $63,964 supplements net profit, clarifying available cash flow to an owner-manager.
