Milton, Queensland
Business Only, Milton - ID 9216
$899,880
Business Description
Permanent Management Rights for Sale
Almost NO Facilities, Super Easy Duties
- No requirement to live onsite
- No need to purchase real estate
- No office hours and no office required
- No swimming pool to maintain
- Only a rarely used BBQ; no other facilities
- 25-year agreement, with 24 years remaining
- Significant income upside potential through repairs, sales, and more
This business-only opportunity near Brisbane City offers a stable body corporate salary of $65,550 plus GST with annual CPI increases, minimal gardens, and light caretaking duties. There’s a high net profit of $134,686 from a permanent rental pool of 22 properties, plus 5 managed externally. Sale price is $899,880, with easy management and excellent inner-city location.
Net Profit: $134,686
Asking Price: $899,880
For further information or to arrange an inspection of this Brisbane Management Rights opportunity contact:
Management Rights Broker
Bill He
Property Code: 1095
Business Summary
Key Investment Insights
1. Business-only permanent management rights sale, no real estate purchase required.
2. 25-year agreement in place, with 24 years remaining, offering long-term revenue security.
3. Stable body corporate salary of $65,550 plus GST, with annual CPI increases.
4. High reported net profit of $134,686 driven by a permanent rental pool of 22 properties, plus 5 externally managed.
5. Significant income upside potential from repairs, sales and other ancillary services.
6. Almost no facilities to maintain; no swimming pool and only a rarely used barbecue.
7. Very light caretaking duties and minimal gardens, described as super easy duties.
8. No requirement to live onsite, providing flexibility for the manager.
9. No office hours and no office required, reducing overhead and administrative burden.
10. Excellent inner-city location near Brisbane City, enhancing tenant demand and resale appeal.
11. Asking price $899,880, allowing assessment of cap rate and payback against net profit.
12. Low operational complexity and easy management profile suitable for owner-operators seeking minimal hands-on work.
