Woolloongabba, Queensland
Business Only - No Real Estate Required - Woollongabba - ID 9219
$258,000
Business Description
Permanent Management Rights For Sale
The Easiest Income You'll Ever Find
An exceptional low-maintenance business opportunity in a prime inner-Brisbane location. Perfect for those seeking a stable second income with minimal time commitment and no property ownership required.
- No need to purchase real estate
- No requirement to live onsite
- No office or set office hours
- No facilities to maintain (no pool, no BBQ area)
- Minimal garden upkeep
- Extremely simple caretaking duties requiring only a few hours per week in spare time
- Body Corporate Salary: $25,725 + GST (CPI increases annually)
- Net Profit: $46,903
- Agreement Term: 25 years (15 years remaining)
- All permanent rentals, small letting pool of only 5 units
- Strong potential to grow income through letting expansion
- Convenient location close to Brisbane CBD
A rare, hassle-free business offering one of the simplest and most secure second income streams available.
Net Profit: $46,903
Asking Price: $258,000
For further information or to arrange an inspection of this Brisbane Management Rights business for sale contact:
Management Rights Broker
Bill He
Property Code: 1131
Business Summary
Business Snapshot
Price: $258,000
Net Profit: $46,903 Remuneration / Body Corp Salary: $25,725Business Value: $258,000
Managers Unit
No residence to purchase with this business.
Complex Information
Complex Type: PermanentAgreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 15 years
Key Investment Insights
1. Business-only sale, no real estate required, managers unit not included.
2. Asking price $258,000, net profit $46,903.
3. Body Corporate salary/remuneration $25,725 plus GST, CPI increases annually.
4. 25-year agreement term, 15 years remaining.
5. All permanent rentals, very small letting pool of five units.
6. Strong potential to grow income through letting expansion.
7. Extremely low operational workload, caretaking duties require only a few hours per week.
8. No requirement to live onsite, no office or set office hours.
9. Minimal facilities to maintain, explicitly no pool or BBQ area, minimal garden upkeep.
10. Prime inner-Brisbane location, close to Brisbane CBD.
