Redbank Plains, Queensland

Exclusive - 14% Returns & 4-Bed Home - ID 9157

$2,680,000

Business Description

Permanent Management Rights for Sale
Strong Net Profit $372,171 - Only $2.68M

- Stable Body Corporate salary of $146,935 + GST, with annual CPI increases

- No set office hours – fully flexible under your own arrangement with efficient systems already in place

- Minimal facilities: only pool and gym (no gate, no BBQ, minimal gardens)

- Simple, low-maintenance caretaking duties – enjoy a semi-retired lifestyle or expand income opportunities

- Highly supportive committee

- Excellent net profit of $372,171, delivering close to 14% return

- 100% permanent rentals:

- Letting pool: 83

- Outside agents: 3

- Owner-occupied: 9

- Total units: 95

- Long-term security: 25-year agreement with 24 years remaining

- Modern double-storey freestanding manager’s residence:

- 4 bedrooms, 2.5 bathrooms

- Double lock-up garage

- Air-conditioning in living areas and bedrooms

- Large courtyard with covered patio

- High-quality modern buildings within a near-new complex

- Professional on-title office with fully installed cabinetry and filing system

- Convenient location in a peaceful setting

The perfect balance of quality living and strong income.

Total: $2,700,000 (includes quality modern 4-bedroom freestanding manager’s residence).

A first-class investment offering both quality property and exceptional income.

Net Profit: $372,171
Asking Price: $2,680,000
(Inclusive of Managers Real Estate)
For further information or to arrange an inspection of this business opportunity contact:
Exclusive Management Rights Broker
Bill He

Property Code: 1059

Business Summary

Business Snapshot

Price: $2,680,000 Net Profit: $372,171 Remuneration / Body Corp Salary: $146,935

Managers Unit

Value of Managers Apartment: $680,000Bedrooms: 4Bathrooms: 2Car Spaces: 2Office: On TitlePets OK: Yes
Modern double-storey standalone residence with 4 bedrooms, 2.5 bathrooms, and double garage.

Complex Information

Complex Type: PermanentAgreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 24 yearsPool: YesGym: Yes

Key Investment Insights

1. Exceptional financials, net profit $372,171 on an asking price $2,680,000, equating to close to a 14% return.
2. Stable body corporate salary $146,935 plus GST, with annual CPI increases, providing predictable recurring remuneration.
3. Long-term security via a 25-year agreement with 24 years remaining, reducing ownership risk.
4. 100% permanent rental mix, with a letting pool of 83 units, 3 managed by outside agents, and 9 owner-occupied, indicating steady cashflow.
5. Sale includes a high-value modern manager’s residence valued at $680,000, a double-storey freestanding 4-bedroom home with 2.5 bathrooms and double garage.
6. Manager’s residence features air-conditioning in living areas and bedrooms, large courtyard with covered patio, and pet-friendly status, enhancing on-site accommodation appeal.
7. Low-maintenance operation, minimal facilities limited to pool and gym, no gate or BBQ and minimal gardens, supporting a semi-retired ownership model or low-cost operations.
8. No set office hours required, fully flexible arrangements supported by efficient systems already in place, offering operational flexibility.
9. On-title professional office included, fully installed with cabinetry and filing system, simplifying administrative transition.
10. Near-new, high-quality modern buildings within a peaceful and convenient location, contributing to long-term asset desirability.
11. Highly supportive committee noted, which can aid smooth management and governance.
12. Opportunity to expand income or maintain a relaxed caretaking role, given simple duties and established systems.

Management Rights Multiplier: 5.37
ROI Estimate: 18.61%

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