Key Investment Insights
AI generated. Confirm details with the seller.
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.
