Strathpine, Queensland
Easy-Care Business Only Operation | Brisbane Northern Corridor
$610,000
Business Description
An outstanding opportunity exists to acquire a well-established business-only management rights operation located within Brisbane’s growing northern corridor. Positioned in a highly sought-after residential precinct approximately 25km north of the Brisbane CBD, this easy-care business delivers an attractive lifestyle opportunity with minimal workload and strong recurring income.
This delightful permanent complex has been designed for simple day-to-day operation, requiring approximately one day’s work per week during summer and even less throughout winter. With no office hours attached, the business offers exceptional flexibility and work-life balance for owner operators, semi-retirees or those seeking an easy entry into the management rights sector. The business currently consists of 7 internal rentals together with an impressive 33 external rentals, all conveniently located around the complex. The external portfolio contributes rental income only within the P&L and has been conservatively assessed using a multiplier of 2.5 presenting additional value and long-term upside.
Adding significant security for incoming purchasers is a brand new 25-year agreement, providing long-term tenure and operational certainty. The Body Corporate is described as extremely supportive and easy to work with, creating a positive and cooperative management environment. Included in the sale is all operational equipment, including a ride-on mower together with selected office equipment, allowing for a seamless transition from settlement.
Located close to major retail centers, schools, public transport and key arterial roads, the business benefits from continued residential demand and population growth throughout Brisbane’s northern suburbs.
**Ras360 – Specialists in Management Rights | Motels | Hotels | Pubs | Parks**
Business Summary
Business Snapshot
Price: $610,000
Net Profit: $154,416 Remuneration / Body Corp Salary: $78,839
Complex Information
Complex Type: PermanentTotal Units in Complex: 38Total Units in Letting Pool: 7Owner Occupy Units: 31Agreement Term: 25 yearsAgreement Term Remaining: 25 years
Key Investment Insights
1. Well-established management rights business-only model, listed at $610,000, with net profit $154,416 and remuneration/body corporate salary $78,839.
2. Located in Brisbane’s northern corridor approximately 25 km from the CBD, benefiting from ongoing residential demand and population growth.
3. Permanent complex of 38 units, with 7 units in the letting pool and 31 owner-occupied units, indicating stability of owner-occupier profile.
4. Business currently manages 7 internal rentals and 33 external rentals, providing a diversified income mix.
5. External rental portfolio contributes rental income only in the P&L and has been conservatively valued using a multiplier of 2.5, suggesting latent capital upside.
6. Brand new 25-year agreement included, with the full 25 years remaining, delivering long-term tenure and operational certainty for a purchaser.
7. Extremely low operational workload, approximately one day per week in summer and less in winter, with no office hours required, supporting an attractive lifestyle and work-life balance.
8. Supportive and easy-to-work-with Body Corporate, enhancing cooperative management and reducing operational friction.
9. Sale includes all operational equipment, notably a ride-on mower and selected office equipment, enabling a seamless handover and minimal capex on takeover.
10. Convenient location close to major retail centres, schools, public transport and arterial roads, supporting tenant demand and occupancy stability.
