Redbank Plains, Queensland
No Requirement to Live Onsite - 100% Salary - ID 8853
$865,000
Business Description
Permanent Management Rights for Sale
No Pool, No BBQ, No Office Hours, No Gate
- No requirement to live onsite.
- No office hours required.
- No pool, no BBQ area, no gate to maintain.
- 25-year agreement with 22 years remaining.
- Huge income upside potential.
- High percentage of stable Body Corporate salary: $86,138 + GST, with annual CPI increases – nearly 100% of total income.
- Extremely simple caretaking duties.
- Net profit of over $83,010, plus $21,000 in rental income – total income approx. $104,000.
- All permanent rentals with only 2 units in the letting pool, offering strong potential to grow the rental roll and earn sales commissions.
- Option to operate as caretaker only, no real estate licence required – simple and low-cost.
- Very spacious manager’s villa with 2 bedrooms, 1 bathroom, 1 garage, and a large private courtyard.
- Separate professional office for exclusive use.
- All-inclusive price: only $865,000, including the large 2-bedroom manager’s villa.
This is a rare, unmatched opportunity in today’s market - secure it now or risk missing out for years to come.
Net Profit: $83,010 Plus $21,000 rental, total up to $10,400
Business Price: $380,000
Real Estate Price: $485,000
Total Asking Price: $865,000
For further information or to arrange an inspection of this business opportunity contact:
Management Rights Broker
Bill He
Property Code: 986
Business Summary
Business Snapshot
Price: $865,000
Net Profit: $83,010 Remuneration / Body Corp Salary: $86,138
Managers Unit
Value of Managers Apartment: $485,000Bedrooms: 2Bathrooms: 1Car Spaces: 1Office: Exclusive UsePets OK: Yes2 bedrooms, 1 bathroom, 1 garage, and a large private courtyard.
Complex Information
Complex Type: PermanentAgreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 22 years
Key Investment Insights
Business Snapshot
Price: $865,000
Net Profit: $83,010 Remuneration / Body Corp Salary: $86,138
Managers Unit
Value of Managers Apartment: $485,000Bedrooms: 2Bathrooms: 1Car Spaces: 1Office: Exclusive UsePets OK: Yes2 bedrooms, 1 bathroom, 1 garage, and a large private courtyard.
Complex Information
Complex Type: PermanentAgreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 22 years
Management Rights Multiplier: 4.58
ROI Estimate: 21.84%
