Murrumba Downs, Queensland
$186,354 Net & 4 Bed Freestanding House – Brisbane Northside - ID 9217
$1,588,000
Business Description
Permanent Management Rights For Sale
Simple Duties & Almost 25 Years Full Term
• This business features a very strong and secure Body Corporate salary of $102,787 plus GST, with annual CPI increases.
• All permanent letting only – letting pool of 32 units, with 11 units currently managed by outside agents, offering clear upside potential.
• Simple caretaking duties requiring only a few hours per week, providing excellent flexibility and lifestyle balance.
• Strong net operating profit of $186,354.
• Long-term 25-year agreements with over 24 years remaining — virtually the full term.
• A spacious and well-presented two-level freestanding house featuring 4 bedrooms, 2.5 bathrooms, and a double garage.
• Large, professional on-title office.
• Low multiplier of only 4.23 for a Brisbane Northside opportunity.
• Superior and highly convenient location close to all amenities.
This easy-to-manage management rights business, combined with a large double story four-bedroom manager’s freestanding residence in one of Brisbane’s most popular northside locations, represents a rare and highly attractive opportunity that will not last long.
Net Profit: $186,354
Asking Price: $1,588,000
(Inclusive of Manager's Real Estate)
For further information or to arrange an inspection of this Brisbane Management Rights business for sale contact:
Management Rights Broker
Bill He
Property Code: 1099
Business Summary
Key Investment Insights
1. Strong and secure Body Corporate salary of $102,787 plus GST, with annual CPI increases.
2. High net operating profit of $186,354.
3. Long-term agreements of 25 years with over 24 years remaining, providing exceptional contract security.
4. All permanent letting only, eliminating short-stay volatility.
5. Letting pool of 32 units, with 11 units currently managed by outside agents, offering clear upside through client capture.
6. Simple caretaking duties requiring only a few hours per week, enabling low operational workload and lifestyle flexibility.
7. Manager’s two-level freestanding residence, four bedrooms, 2.5 bathrooms, double garage, offering substantial on-site accommodation value.
8. Large, professional on-title office included, supporting business operations and presentation.
9. Low asking price multiplier of 4.23 for a Brisbane Northside management rights opportunity.
10. Asking price $1,588,000 inclusive of Manager’s Real Estate.
11. Superior and highly convenient northside Brisbane location, close to all amenities.
