Richlands, Queensland

Profit Meets Freedom & Lifestyle

MR $1.05m + UNIT $828k = $1.87M

Business Description

Ras360 proudly presents an exceptional 72-unit management rights opportunity—a modern, high-quality complex purpose-built for operators who value simplicity, flexibility, and a streamlined day-to-day rhythm. This is a rare “set-and-run” business that delivers both financial confidence and incredible lifestyle appeal. Backed by long agreements running through to 2047 and a reliable CPI-indexed caretaking salary, the operation boasts a solid, verified net profit of $216,288 at an attractive low multiple of 4.85x.

What truly sets this opportunity apart is the freedom it offers. With absolutely no mandated office hours, incoming managers can design their own schedules, making it perfect for those seeking more family time, transitioning into semi-retirement, or managing other income streams alongside a stable operation. The caretaking component is intentionally light and highly manageable, requiring only six to eight hours of gardening per week alongside routine inspections and standard facility oversight. There is no constant or “always-on” pressure here; the workload is straightforward, and much of the role is seamlessly completed simply by moving through the complex and ensuring daily operations run smoothly.

Onsite living further enhances this convenience without compromising on space or comfort. The manager’s residence is a generous three-bedroom, two-bathroom home featuring a dedicated office, an additional utility room, and two car parks. It is ideally positioned for quick access to common areas, allowing you to easily respond to requests, meet contractors, and manage the property from the comfort of home. Constructed in 2017, the complex remains in excellent, contemporary condition and is fully supported by a proactive Body Corporate with highly effective systems and processes already firmly in place.

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

Business Summary