Taigum, Queensland
Off the Plan MLR in Taigum for sale
$500,500 - Business Only
Business Description
Brand New Off-the-Plan Management Rights – No Unit to Buy – North Brisbane Growth Corridor
Introducing Handford Villas, a premium off-the-plan management rights opportunity in the booming suburb of Taigum. Developed by the renowned Heran Building Group, this business-only setup offers a projected net profit of $155,370 with a solid body corporate salary of $72,500 per annum, underpinned by brand-new 25-year agreements.
This is a rare, low-entry opportunity—there’s no manager’s unit to purchase, making it an ideal tack-on for existing operators or a cost-effective first acquisition. Located within walking distance of Taigum State School and Carseldine Train Station, residents enjoy unmatched convenience with seamless access to Brisbane CBD, top-tier schools like St Joseph’s Nudgee College, major retail at Aspley Hypermarket, and the recreational offerings of Nudgee Beach and the Brisbane Entertainment Centre.
Residents will benefit from an onsite swimming pool and professional onsite management, while operators enjoy minimal caretaking, strong income potential, and no real estate overheads. With direct motorway access and surrounded by key infrastructure, Handford Villas is perfectly positioned in one of North Brisbane’s most liveable and connected communities.
Secure a long-term, low-risk investment with excellent projected returns and entry flexibility—this is management rights made simple.
**Ras360 – Specialists in Management Rights | Motels | Hotels | Pubs | Parks**
Business Summary
Business Snapshot
Price: $500,500 - Business Only
Net Profit: $155,370 Remuneration / Body Corp Salary: $72,500
Complex Information
Complex Type: PermanentTotal Units in Complex: 50Total Units in Letting Pool: 27Owner Occupy Units: 23Agreement Term: 25 yearsAgreement Term Remaining: 25 years
Key Investment Insights
1. Price $500,500 business-only, no manager’s unit to purchase, lowering upfront capital requirement.
2. Projected net profit $155,370, indicating strong income potential.
3. Body corporate salary $72,500 per annum, providing stable guaranteed remuneration.
4. Brand-new 25-year agreements, with 25 years remaining, offering long-term contractual security.
5. Developed by Heran Building Group, providing developer credibility and new-build appeal.
6. Complex of 50 units, with 27 in the letting pool and 23 owner-occupied, suggesting a balanced mix of rental income and owner stability.
7. Business-only model with no real estate overheads, and minimal caretaking duties, simplifying operations.
8. Onsite swimming pool and professional onsite management, enhancing resident amenity and service offering.
9. Walking distance to Taigum State School and Carseldine Train Station, improving tenant attraction and convenience.
10. Proximity and easy access to Brisbane CBD, St Joseph’s Nudgee College, Aspley Hypermarket, Nudgee Beach and Brisbane Entertainment Centre, supporting strong location appeal.
11. Direct motorway access and surrounding key infrastructure, supporting accessibility and long-term growth potential.
12. Marketable as a low-entry opportunity for existing operators or first-time buyers, ideal as a tack-on acquisition.
