Exclusive - No Facilities - $146K Salary in Brisbane South - ID 9190

$2,038,000

Permanent Management Rights for Sale
Two Residences with More than $190K Income

 

  • No office hours
  • No swimming pool or BBQ area to maintain
  • No gates to manage across the complexes
  • Two manager’s residences – one of which does not require onsite living

 

  • Flexible working hours to suit your lifestyle
  • 25-year agreements with 22 and 23 years remaining
  • Stable Body Corporate salaries totalling $146,648 + GST, with annual CPI increases
  • Very simple caretaking duties
  • High net profit of $176,298 plus over $20,000 in rental income — total approx. $196,298 per year

 

All rentals are permanent, with a small letting pool of only 16 out of 92 total units.
The majority of units are currently managed by outside agents, offering significant upside potential through rental roll growth and additional sales commissions.

 

Modern, freestanding, double-storey manager’s residence includes:

  • 3 bedrooms, 2.5 bathrooms, double garage
  • Three separate living areas and a spacious courtyard
  • Professional office on title with separate external entrances
  • Peaceful and convenient location near major highways and public transport

 

Bonus second residence:
A well-appointed 2-bedroom villa with office, not required to be lived in, generating $20,000+ in annual rental income.

 

Total Asking Price: $2,038,000 (Includes TWO Manager’s Residences)

 

This is a rare, ultra-simple management rights business with countless “NOs” and a spacious 3-bedroom home. Opportunities like this don’t last, contact us now.

 

Net Profit: $176,298
Asking Price: $1,553,000
(Inclusive of Manager's Real Estate)

 

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

 

Exclusive Management Rights Broker
Bill He

Price $2,038,000
Location Hillcrest
Property ID 9190

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