Wulkuraka, Queensland

Exclusive - No Requirement to Live Onsite & Zero Complex Facilities - 8583

$1,726,724

Business Description

Permanent Management Rights For Sale
The Modern Double-Story 3-Bedroom House

- Ultimate Flexibility: No requirement to live onsite and no set office hours.

- Zero Facilities: Zero complex facilities to maintain—no swimming pool, BBQ area, or gates to manage.

- Minimal Workload: Extremely easy caretaking duties requiring only a few hours per week, offering an outstanding lifestyle opportunity.

- High Returns: High Net Profit of $176,747 and a Body Corporate Salary of $75,138 plus GST, with annual CPI increases.

- Outstanding Manager’s Residence: Modern, freestanding double-story residence featuring three bedrooms, three bathrooms, a double garage, a private courtyard, and a separate professional office on title.

- Investment Flexibility: Purchasing the property is entirely optional as the real estate is unattached to the management rights business. If acquired and rented out, the residence could generate an additional $33,000 in annual rental income, potentially boosting the overall return to more than $210,000 per year.

- Secure Agreement: Long-Term Security via a 25-year agreement with 20 years remaining.

- Letting Pool: Featuring all permanent rentals with a letting pool of 36 properties, plus 9 managed by outside agents with income upside potential.

Secure this exceptional, rarely found market offering today before it is gone.

Net Profit: $176,747 plus potential rental income $33,000

Asking Price: $1,726,724

(Inclusive of Manager's Real Estate)

For further information or to arrange an inspection of this Ipswich Management Rights business for sale contact:

Management Rights Broker

Bill He

Property Code: 1225

Business Summary

Complex Information

Marketing Agent

Bill He

MR Sales

Key Investment Insights

AI generated. Confirm details with the seller.

1. Reported net profit of $176,747, with a body corporate salary of $75,138 plus GST and annual CPI increases.
2. No requirement to live onsite or maintain set office hours provides operational flexibility.
3. Caretaking requires only a few hours per week, with no swimming pool, BBQ area or gates to maintain.
4. Management rights agreement has 20 years remaining on a 25 year term.
5. Permanent letting pool comprises 36 properties, with nine externally managed properties offering potential letting income upside.
6. Optional residence purchase allows investment in the management rights business without acquiring the real estate.
7. Modern freestanding residence includes three bedrooms, three bathrooms, a double garage, private courtyard and separate professional office on title.
8. The listing estimates potential annual rental income of $33,000 if the optional residence is purchased and rented out.