Woolloongabba, Queensland
Exclusive - 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:
Exclusive Management Rights Broker
Bill He
Property Code: 1131
Business Summary
Business Snapshot
Price: $258,000
Net Profit: $46,903 Remuneration / Body Corp Salary: $25,725
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. Located in Woollongabba, a prime inner‑Brisbane location, offering convenience and proximity to Brisbane CBD.
2. Business only sale, no real estate purchase required, lowering capital outlay.
3. No requirement to live onsite and no fixed office hours, enabling flexible ownership and hands‑off operation.
4. Very low maintenance, with no communal facilities to manage, minimal garden upkeep, and simple caretaking duties requiring only a few hours per week.
5. Body corporate salary of $25,725 plus GST, with CPI increases annually, providing indexed guaranteed income.
6. Reported net profit of $46,903, representing current operational earnings.
7. Agreement term is 25 years with 15 years remaining, supplying long‑dated contractual security.
8. All permanent rentals and a small letting pool of only five units, reducing transient management and turnover.
9. Identified strong potential to grow income through letting expansion, indicating upside from active management.
10. Asking price $258,000, implying an approximate price to net profit multiple of 5.5, suggesting a relatively quick payback for purchasers.
