Taigum, Queensland
Permanent Management Rights - $181K Body Corp Salary | 24 Years Remaining | No Office Hours
$1,786,000
Business Description
If you're looking for a permanent management rights with strong Body Corporate income, long-term security and no set office hours, this Taigum opportunity deserves your attention.
With an actual net income of $205,739, of which $181,299 is derived from the Body Corporate salary, this business offers an attractive income profile with approximately 88% of net income coming from the salary component.
The current agreement commenced in April 2025, with approximately 24 years remaining including options. With no set office hours, the business offers flexibility and a long-term platform for the incoming operator.
Set within a peaceful, village-style environment, the complex comprises 103 three-bedroom townhouses and villas surrounded by landscaped grounds. Residents enjoy a range of facilities including a swimming pool and tennis court, while the absence of lifts, gym facilities and a reception area keep the day-to-day caretaking requirements manageable.
The business currently has 13 permanent rentals, with no holiday letting, providing an established base from which to operate and further develop the rent roll.
The manager's residence is a freshly renovated, single-level freehold villa offering:
- 3 bedrooms
- 2 bathrooms
- Single lock-up garage, ideal for use as home office
- Exclusive-use parking at the front
- Pet-friendly living
The residence provides comfortable accommodation while offering the flexibility to work from home when required.
Positioned in Taigum on Brisbane's northside, the complex is conveniently located close to shopping, public transport and major road connections. Its location provides easy access to the broader Brisbane area while offering residents a convenient suburban lifestyle.
This management rights business is a compelling proposition for a first-time management rights buyer, a couple looking to transition from employment, or an experienced operator seeking a strong Body Corporate salary without traditional office hours.
With $205,739 actual net income, $181,299 in Body Corporate salary, approximately 24 years remaining and genuine rent roll growth potential, this is an opportunity where the income structure and lifestyle benefits deserve closer consideration.
Contact Greg today to learn more about this exceptional opportunity.
Net Profit: $205,739
Property Code: 150
Business Summary
Business Snapshot
Price: $1,786,000
Net Profit: $205,739 Remuneration / Body Corp Salary: $181,299Business Value: $946,000Body corp salary review: CPI Annually
Managers Unit
Bedrooms: 3Bathrooms: 2Car Spaces: 1Office: On TitlePets OK: YesComplex Information
Complex Type: PermanentTotal Units in Complex: 103Total Units in Letting Pool: 13Owner Occupy Units: 89Manager Units: 1Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 24 yearsPool: YesTennis Court: Yes
Key Investment Insights
AI generated. Confirm details with the seller.
1. Actual net income of $205,739, including $181,299 in Body Corporate salary, provides a predominantly salary based income profile.
2. Approximately 24 years remain on the management agreement, including options, supporting long term operational continuity.
3. No set office hours offer flexibility for the incoming operator.
4. The complex comprises 103 three bedroom townhouses and villas in a peaceful, village style environment.
5. Swimming pool and tennis court facilities are provided, while no lifts, gym or reception area help manage caretaking requirements.
6. The established rent roll includes 13 permanent rentals and no holiday letting.
7. The freshly renovated, single level freehold villa includes three bedrooms, two bathrooms and a single lock up garage suitable for home office use.
8. Located in Taigum, the complex is close to shopping, public transport and major road connections across Brisbane.
