Murrumba Downs, Queensland

High-ROI, Flexible Management Rights with Long-Term Agreements

$790K MR + $798K Unit = $1.588M

Business Description

Delivering a compelling ROI of 11.7%, this well-structured Northern Corridor management rights business combines secure Body Corporate income with genuine flexibility. A freestanding manager’s residence adds further appeal, suiting both owner-operators and investors.

Net Operating Profit of $186,354 is supported by a strong $102,787 Body Corporate salary, providing consistent, reliable income. Priced at $1,588,000, the business reflects a 4.23x multiplier with agreements extending close to 25 years, underpinning long-term income security.

Positioned within Brisbane’s high-growth northern corridor, the complex benefits from strong tenant demand, proximity to North Lakes retail and business precinct, public transport including rail, and convenient access to major arterial roads. Ongoing population growth continues to support future letting demand.

A freestanding four-bedroom, 2.5-bathroom home with double garage provides excellent separation from the complex. Spacious, modern and well-appointed, the residence includes a dedicated office and offers flexibility for onsite living or potential rental income.

• Net Profit: $186,354 with substantial BC salary component
• 4.23x multiplier with agreements nearing full term. 11.7% ROI at $1,588,000 purchase price
• 32 units in the letting pool with clear growth potential. No set office hours, flexible operational structure
• Freestanding residence with home office and dual-use potential

Opportunities offering this balance of income security, flexibility and long-term agreements are tightly held. Contact Ras360° today for further information and to arrange an inspection.

**Ras360 – Specialists in Management Rights | Motels | Hotels | Pubs | Parks**

Business Summary

Business Snapshot

Price: $790K MR + $798K Unit = $1.588M Net Profit: $186,354 Remuneration / Body Corp Salary: $102,787

Managers Unit

Value of Managers Apartment: $798,000Bedrooms: 4Bathrooms: 2Car Spaces: 2

Complex Information

Complex Type: PermanentTotal Units in Complex: 75Total Units in Letting Pool: 31Owner Occupy Units: 32Outside Agent Units: 12Agreement Term: 25 yearsAgreement Term Remaining: 24 years

Marketing Agent

Malcolm O'Farrell

0423 09....

Ras360

Key Investment Insights

1. 11.7% quoted ROI, based on $1,588,000 purchase price, signaling high return for the sector.
2. Net operating profit of $186,354, underpinned by a substantial Body Corporate salary of $102,787, providing reliable recurring income.
3. Price split disclosed as $790K management rights plus $798K managers unit, clarifying asset and business valuation.
4. 4.23x multiplier, consistent with the stated financial metrics and buyer yield expectations.
5. Long-term agreements with a 25 year term and approximately 24 years remaining, delivering strong contract security and predictable cashflow.
6. Located in Brisbane’s high-growth northern corridor, close to North Lakes retail and business precinct, supporting sustained tenant demand.
7. Good transport connectivity with nearby rail, public transport and major arterial roads, enhancing access for tenants and staff.
8. Complex scale of 75 total units, with 31 units in the letting pool and 32 owner-occupied units, indicating a sizable management portfolio and room for growth.
9. Freestanding four-bedroom manager’s residence with double garage and dedicated office, offering separation from the complex and potential for onsite living or rental income.
10. Flexible operational structure, including no set office hours and a sizeable BC income component, appealing to both owner-operators and passive investors.

Management Rights Multiplier: 4.24
ROI Estimate: 11.74%