Taigum, Queensland
Off the Plan MLR in Taigum for sale
SOLD
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 $142,870 with a solid body corporate salary of $60,000 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: SOLD
Net Profit: $142,870 Remuneration / Body Corp Salary: $60,000
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. Off-the-plan management rights for Handford Villas in Taigum, brand new offering with no manager’s unit to purchase, enabling low-entry acquisition.
2. Projected net profit of $142,870 per annum, with a body corporate salary/remuneration of $60,000 per annum.
3. 25-year standard agreements in place, with the full 25 years remaining, providing long-term contract security.
4. Developed by Heran Building Group, a recognised builder, supporting project credibility and appeal.
5. Complex of 50 units, with 27 units in the letting pool and 23 owner-occupier units, indicating a significant lettings base.
6. Onsite swimming pool and professional onsite management, supporting resident amenity and reduced marketing burden.
7. Minimal caretaking responsibilities and no real estate overheads, implying lower operational complexity and cost.
8. Prime North Brisbane growth corridor location, with direct motorway access and surrounding infrastructure enhancing occupier demand.
9. Walking distance to Taigum State School and Carseldine Train Station, improving resident convenience and public transport appeal.
10. Close access to Brisbane CBD, St Joseph’s Nudgee College, Aspley Hypermarket, Nudgee Beach and Brisbane Entertainment Centre, broadening rental market appeal and lifestyle draw.
