Murrumba Downs, Queensland

Secure Income, Strong Returns & Long-Term Agreements

$765K MR + $798K Unit = $1.563M

Business Description

Delivering an impressive 11.9% ROI, this well-established Northern Corridor management rights business offers an outstanding combination of secure Body Corporate income, long-term agreements and genuine operational flexibility. Complemented by a freestanding manager's residence, it presents an excellent opportunity for both owner-operators and investors.

Positioned within Brisbane's high-growth northern corridor, the complex benefits from strong tenant demand, proximity to the 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.

The manager's residence is a freestanding four-bedroom, 2.5-bathroom home with double garage, set separately from the complex to provide clear separation between work and living. Light-filled and well designed, it offers a spacious layout with modern finishes, a dedicated office, and the flexibility of owner occupation or the potential to generate additional rental income.

- Net Profit: $186,354, including a substantial Body Corporate salary of $102,787
- Outstanding Value: 11.9% ROI at a purchase price of $1,563,000 (4.1x multiplier)
- Long-Term Security: Agreements extending close to 25 years
- Growth Potential: 32 units in the letting pool with further upside
- Operational Flexibility: No set office hours with a flexible day-to-day structure
- Manager's Residence: Freestanding four-bedroom home with dedicated office and dual-use potential

Combining strong returns, long-term security and genuine operational flexibility, opportunities of this calibre are rarely available. Contact Ras360° today for further information or to arrange an inspection.

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

Business Summary