The Gap, Queensland
Business Only - Brisbane Inner West - ID 9222
$790,000
Business Description
Permanent Management Rights For Sale
Easily Managed by One Person in Spare Time
- No need to purchase real estate.
- No requirement to live onsite.
- No set office hours.
- Extremely simple caretaking duties requiring only minimal hours and no gate responsibilities.
- Townhouse complex.
- Stable Body Corporate salary of $78,819 plus GST, increasing annually in line with CPI.
- Long-term 25-year agreement with 23 years remaining.
- All permanent rentals, with a small letting pool of 13 plus 1, and 12 units currently managed by outside agents, offering excellent potential to expand the letting pool and further increase income.
A super simple business only opportunity — one you can’t afford to miss!
Net Profit: $128,133
Asking Price: $790,000
For further information or to arrange an inspection of this Brisbane Management Rights business opportunity contact:
Management Rights Broker
Bill He
Property Code: 1119
Business Summary
Business Snapshot
Price: $790,000
Net Profit: $128,133 Remuneration / Body Corp Salary: $78,819Business Value: $790,000
Managers Unit
No real estate to purchase with this business.
Complex Information
Complex Type: PermanentPool: YesBBQ Area: Yes
Key Investment Insights
1. Business-only management rights for a Brisbane Inner West townhouse complex, no property purchase required.
2. Easily managed part-time by a single person, minimal caretaking hours and no gate responsibilities.
3. No requirement to live onsite and no set office hours, offering high operational flexibility.
4. Stable Body Corporate salary of $78,819 plus GST, indexed annually to CPI, providing predictable baseline revenue.
5. Long-term 25-year agreement with 23 years remaining, delivering contract security and longevity.
6. All permanent rentals, reducing vacancy risk and supporting stable income.
7. Existing letting pool of 13 plus 1, with 12 units currently managed by outside agents, offering clear upside to expand the letting pool and boost revenue.
8. Net profit reported at $128,133, indicating healthy profitability for a management-rights business.
9. Asking price $790,000, implying an approximate pre-tax return on purchase price of about 16.2 percent based on net profit.
10. Business marketed by Management Rights Broker Bill He, property code 1119, simplifying enquiry and inspection arrangements.
