Townsville City, Queensland

High-Performing Townsville Management Rights – ID 9083

Offers Over $710,000

Business Description

Permanent Management Rights for Sale
24% ROI, Strong Letting Pool & Riverfront Lifestyle

- Guaranteed Body Corporate salary of $127,561 + GST, with an annual net profit of $171,574.

- Total of 55 apartments, with 33 in the letting pool, including 9 external units.

- Well-maintained complex with attractive gardens and a resort-style pool.

- Exclusive-use office included for efficient onsite management.

- Strong rental demand and consistent occupancy throughout the year.

- Supportive Body Corporate committee and cooperative owners.

- 22 years remaining on management rights agreements, offering long-term security.

- Resort-style facilities including pool, BBQ area, Wi-Fi, and cable TV.

- Modern complex built in 2006, maintained to a high standard.

- Prime location just 50m from shopping and medical services, and only a short drive to the airport.

Perfect for an active couple ready for a lifestyle change, with the opportunity to grow the business further by expanding the letting pool.

With a prime riverfront location, spacious apartments, and a low-maintenance complex, this is relaxed living at its best.

Delivering a 24% return on investment, this is a high-performing management rights opportunity you won’t want to miss.

Net Profit: $171,574
Asking Price: Offers Over $710,000

For further information or to arrange an inspection of the North Queensland Management Rights business contact:

Management Rights Broker
Antonio Curulli

Property Code: 998

Business Summary

Business Snapshot

Price: Offers Over $710,000 Remuneration / Body Corp Salary: $127,561

Complex Information

Complex Type: n/aTotal Units in Complex: 55Total Units in Letting Pool: 32Owner Occupy Units: 18Outside Agent Units: 5Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 22 yearsPool: YesGym: YesBBQ Area: Yes

Marketing Agent

Antonio Curulli

MR Sales

Key Investment Insights

Financials

Net Profit: $171,574
Accounting Figures: Yes
Inventory: $5,000
Work Required: No
Business Relocatable: No
Home Based: No
Trading Hours: n/a
Staffing: 1 Manager + 1 Cleaner
Years Established: 10
Owner Since: 2010
Plant Description: Office equipment, cleaning equipment, gardening equipment
Training: Yes
Permanent Staff: 1
Casual Staff: 0
Trading Days: n/a
Full Time: Yes
Part Time: No
Property Type: Management Rights
Business Category: Services
Business Operated From: Onsite
Number of Managers: 1
Number of Staff: 1