Tingalpa, Queensland

Brand new 25 Year Agreements with $2,830 Per Lot Salary, Among Brisbane’s Highest

Under Contract / Offer

Business Description

Located in Tingalpa, this management rights business combines lifestyle, stability, and long-term security. The position offers quick access to the Gateway Motorway, Brisbane CBD, Airport, Port of Brisbane, and bayside suburbs like Wynnum and Manly, plus nearby Westfield Carindale, schools, and shops.

The business benefits from brand-new 25-year accommodation module agreements, recently topped up with strong committee support — providing long-term certainty for the incoming manager.

Income is outstanding, with a Body Corporate salary of $113,185, equating to an incredible $2,830 per lot – among the very highest in Brisbane. This ensures dependable returns not reliant on letting. Of 40 units, 10 are in the letting pool, but the business is heavily salary-weighted. A verified net profit of $123,000+ (plus manager’s unit rental) and a sinking fund above $250,000 further underpin the strength of the business.

Operations are straightforward, with the current manager only working three days a week and all gardening handled by contractors. The manager’s unit is a well-kept 2-bedroom, 1-bathroom residence, currently rented to the same long-term tenant for over 10 years. This provides steady passive rental income and highlights the flexibility of not needing to live onsite.

At $1,300,000 (business + manager’s unit), this is a rare opportunity delivering secure high salary income, proven rental flexibility, and lifestyle freedom in one of Brisbane’s most convenient locations.

**Ras360 – Specialists in Motels | Hotels | Pubs | Parks | Management Rights **

Business Summary

Business Snapshot

Price: Under Contract / Offer Net Profit: $127,277 Remuneration / Body Corp Salary: $113,185

Managers Unit

Value of Managers Apartment: $700,000Bedrooms: 2Bathrooms: 1Car Spaces: 2

Complex Information

Complex Type: PermanentTotal Units in Complex: 40Total Units in Letting Pool: 10Owner Occupy Units: 29Outside Agent Units: 1Agreement Term: 25 yearsAgreement Term Remaining: 25 years

Marketing Agent

Kevin Tsai

0403 44....

Ras360

Key Investment Insights

1. The business is located in Tingalpa, a convenient and desirable area with quick access to major motorways, the Brisbane CBD, and bayside suburbs.
2. The management rights business has recently secured brand new 25-year agreements, providing long-term stability and security for the incoming manager.
3. The Body Corporate salary for the business is $113,185, which equates to an impressive $2,830 per lot, making it one of the highest in Brisbane.
4. The business is heavily salary-weighted, with only 10 units in the letting pool, ensuring dependable returns not reliant on letting.
5. The verified net profit for the business is $123,000+, with additional income from the rental of the manager's unit.
6. The manager's unit is a well-maintained 2-bedroom, 1-bathroom residence, currently rented to a long-term tenant, providing steady passive rental income.
7. The current manager only works three days a week, and all gardening is handled by contractors, making operations straightforward.
8. The asking price for the business and manager's unit is $1,300,000, offering a rare opportunity for secure high salary income, rental flexibility, and lifestyle freedom.
9. The business is managed by Ras360, a specialist in motels, hotels, pubs, parks, and management rights.
10. The complex has a mix of permanent and owner-occupied units, with a total of 40 units and 25 years remaining on the agreements.

Management Rights Multiplier: 4.71
ROI Estimate: 21.21%