Redbank Plains, Queensland

Exclusive - Up to $513,064 Income in Ipswich - 9243

$4,028,478

Business Description

Permanent Management Rights For Sale
19.6% High Return for Business with 3-Bed Houses

- Exceptional Income: Net profit of $480,064 plus potential $33,000 extra rental income, making total income more than HALF MILLION.

- Letting Pool: Permanent rentals only with a total letting pool of 101, with 31 units managed externally.

- Secure Agreement: Long-term security with full 25-year agreements featuring 21 & 20 years remaining.

- Stable Salary: Combined Body Corporate salaries of $211,142 + GST, with annual CPI increases.

- Ultimate Flexibility: No set office hours, complete flexibility, with established and efficient operations.

- Minimal Facilities: Only one small swimming pool, no BBQs, and minimal garden maintenance.

- Manager's Residences: Two large free-standing houses, each featuring 3 bedrooms, 2.5 bathrooms, two- and four-car accommodation, large courtyards, and professional offices on title. Only one property needs to live onsite.

- Prime Location: Convenient locations in peaceful, family-friendly environments with simple caretaking duties and highly supportive Body Corporate committees.

The perfect combination of large real estates and strong business income.

Net Profit: $480,064

Asking Price: $4,028,478

(Inclusive of Two Manager's Real Estate)

For further information or to arrange an inspection of this Ipswich Management Rights business for sale contact:

Management Rights Broker

Bill He

Property Code: 1217

Business Summary

Complex Information

Marketing Agent

Bill He

MR Sales

Key Investment Insights

AI generated. Confirm details with the seller.

1. Net profit of $480,064, with potential additional rental income of $33,000.
2. Asking price of $4,028,478 includes the business and two manager residences.
3. Permanent rental letting pool of 101, with another 31 units managed externally.
4. Management agreements have 21 and 20 years remaining, providing long term contractual security.
5. Combined Body Corporate salaries of $211,142 plus GST include annual CPI increases.
6. No set office hours, with established, efficient operations supporting management flexibility.
7. Simple caretaking duties include one small swimming pool, no BBQs and minimal garden maintenance.
8. Two freestanding residences each offer three bedrooms, 2.5 bathrooms, large courtyards and professional offices on title.
9. Only one residence requires onsite occupation, providing flexibility for the second property.
10. Peaceful, family friendly Ipswich locations are supported by highly supportive Body Corporate committees.