North Ward, Queensland

Thriving Area, Excellent Returns, A Unique Management Rights Opportunity!

$2.9M MR & $350k Unit = Total $3.25M

Business Description

This expansive 55-unit accommodation complex presents a remarkable investment opportunity, generating a robust net profit exceeding $600K annually, complemented by a substantial body corporate salary. The manager's residence is a well-appointed two-bedroom, two-bathroom unit, ensuring comfortable onsite living.

Townsville’s property market is experiencing significant growth, with experts predicting property prices to rise by 25-30% in 2025, making it one of Australia’s fastest-growing markets. This surge is driven by strong buyer demand, attractive affordability, and appealing lifestyle opportunities.

The region’s tourism industry has also seen record-breaking growth, with a 22.7% increase in overnight visitors and a 10.3% rise in overnight visitor expenditure, totalling $1.2 billion. This uptick reflects the area’s growing appeal as a must-visit destination.

Moreover, corporate travel is on the rise, with 67% of business travel professionals expressing optimism about the industry’s outlook for 2025. This resurgence underscores the importance of in-person interactions and is expected to contribute to increased demand for quality accommodations.

Given these favourable trends, this property offers substantial upside potential, catering to both the booming drive accommodation sector and the returning corporate traveller. Acquiring this large-scale management rights business in such a thriving market promises a lucrative income and an enviable lifestyle.

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

Business Summary

Business Snapshot

Price: $2.9M MR & $350k Unit = Total $3.25M Net Profit: $600,000 Remuneration / Body Corp Salary: $80,000

Managers Unit

Value of Managers Apartment: $350,000

Complex Information

Complex Type: PermanentTotal Units in Complex: 55Total Units in Letting Pool: 51Owner Occupy Units: 1Outside Agent Units: 3Agreement Term: 25 yearsAgreement Term Remaining: 21 years

Energy Features

  • Energy Rating: 5
Marketing Agent
Paul Mueller
Paul Mueller

Kerrie Lush
Kerrie Lush

Key Investment Insights

1. Highly profitable investment opportunity with a robust net profit exceeding $600K annually.
2. Located in a thriving area with a predicted 25-30% increase in property prices by 2025.
3. The property market in Townsville is one of the fastest-growing in Australia, driven by strong buyer demand and attractive affordability.
4. The region's tourism industry has seen record-breaking growth, with a 22.7% increase in overnight visitors and a 10.3% rise in overnight visitor expenditure.
5. Corporate travel is on the rise, with 67% of business travel professionals expressing optimism about the industry's outlook for 2025.
6. The property caters to both the booming drive accommodation sector and the returning corporate traveller, providing substantial upside potential.
7. The management rights business includes a well-appointed two-bedroom, two-bathroom manager's residence for comfortable onsite living.
8. The property is managed by Ras360, specialists in management rights, motels, hotels, pubs, and parks.
9. The total price for the management rights and unit is $3.25M, with a remuneration/body corporate salary of $80,000.
10. The complex consists of 55 units, with 51 units in the letting pool and only 3 units managed by outside agents.
11. The agreement term is 25 years, with 21 years remaining.
12. The property has an energy rating of 5, reflecting its energy efficiency.

Management Rights Multiplier: 4.83
ROI Estimate: 20.69%

Listing location
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