Springwood, Queensland
Spacious Townhouse Living with a Profitable Management Opportunity in a Prime Location
$295K MR & $745K Unit = Total $1.04M
Business Description
Rare Management Rights Opportunity – First Time on the Market in 20 Years
Step into a fantastic lifestyle and investment opportunity with this well-established townhouse complex, now available for purchase as the current manager prepares for retirement. Priced competitively for a quick sale, this property offers the perfect balance of a comfortable home and steady income.
Prime Location
Nestled in a sought-after area, the complex is conveniently located near shopping centers, schools, and public transport, making it highly appealing to families and tenants alike.
Manager’s Residence
Enjoy the comfort of a spacious, family-friendly townhouse that includes:
4 Bedrooms: Perfect for a growing family or those who value extra space.
1 Bathroom with Two-Way Access: Adding convenience and functionality.
3 Separate Toilets: Ideal for family living or entertaining guests.
2-Car Parking: Plus an office on title for seamless management.
Bonus Activity Room: Additional space for recreation, hobbies, or work.
Easy-to-Run Complex
This low-maintenance complex is efficiently managed by one person, leaving plenty of free time to enjoy life. The friendly Body Corporate adds to the ease of operations, and with the management agreement recently extended to 24 years, the new owner can enjoy long-term security.
Why This is a Must-See
Turnkey Opportunity: A well-established complex ready for new management.
Secure Investment: Long-term agreements and a steady rental demand.
Ideal for Families: Spacious manager’s residence designed for comfortable living.
Low-Stress Role: Easy-to-run operation with supportive Body Corporate.
Don’t miss this rare chance to own a proven management rights business in a prime location. Discover the potential for yourself—contact us today to arrange an inspection!
**Ras360 Specialists in Management Rights | Motels | Hotels | Pubs | Parks**
Business Summary
Business Snapshot
Price: $295K MR & $745K Unit = Total $1.04M
Net Profit: $71,578 Remuneration / Body Corp Salary: $55,753
Managers Unit
Value of Managers Apartment: $745,000Bedrooms: 4Bathrooms: 1Car Spaces: 2Complex Information
Complex Type: PermanentTotal Units in Complex: 34Total Units in Letting Pool: 13Owner Occupy Units: 13Outside Agent Units: 8Lockup Units: 2Agreement Term: 25 yearsAgreement Term Remaining: 24 years
Key Investment Insights
1. Well-established townhouse complex with a proven track record of success.
2. Located in a highly sought-after area, close to amenities and public transport.
3. Spacious manager's residence with 4 bedrooms, 1 bathroom, and 2-car parking.
4. Low-maintenance complex that can be easily managed by one person.
5. Long-term agreements and steady rental demand provide a secure investment opportunity.
6. Ideal for families with a spacious manager's residence designed for comfortable living.
7. Supportive Body Corporate adds to the ease of operations.
8. Turnkey opportunity for new management.
9. Priced competitively for a quick sale.
10. Rare chance to own a management rights business in a prime location.
Management Rights Multiplier: 4.12
ROI Estimate: 24.26%
