Murrumba Downs, Queensland

Secure Income, Strong Returns & Long-Term Agreements

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

Business Description

Secure Income, Strong Returns & Long-Term Agreements
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

Business Snapshot

Price: $765K MR + $798K Unit = $1.563M 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. 11.9% ROI on a $1.563 million purchase, noted multiplier 4.1x.
2. Net profit $186,354, includes a substantial Body Corporate salary of $102,787.
3. Purchase split shown as $765K for management rights and $798K for the manager's residence.
4. Freestanding manager's residence, four bedrooms, described as 2.5 bathrooms with double garage and a dedicated office, suitable for owner occupation or rental income.
5. Long-term security via management agreements around 25 years, with approximately 24 years remaining.
6. Significant letting pool scale, roughly 31 to 32 units, providing immediate income and further upside potential.
7. Large complex size, 75 total units, with 32 owner-occupy units and 12 outside agent units, indicating diversified unit tenure.
8. Operational flexibility, no set office hours and a flexible day-to-day structure, appealing to owner-operators seeking lifestyle control.
9. Prime Northern Corridor Brisbane location, strong tenant demand, close to North Lakes retail and business precinct, rail and major arterial roads.
10. Ongoing population growth in the catchment supporting future letting demand and occupancy resilience.
11. Clear investor appeal, combining secure Body Corporate income, demonstrable returns, and a separable manager's residence enabling multiple exit or income strategies.

Management Rights Multiplier: 4.11
ROI Estimate: 11.92%