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Only 4.48X MR - No office hours, No Pool, No Gym, No BBQ + Easy Gardening!
4.48X @ $470K MR&$679k Unit = Total $1.149M
Permanent Management Rights, ACACIA RIDGE QLD
Only 4.48X MR - No office hours, No Pool, No Gym, No BBQ + Easy Gardening!
Unlock a high-yield management rights package of 37 townhouses with a 17-unit letting pool, delivering a verified $102,926 p.a. net profit and a $68,127 p.a. body-corporate salary under a 20-year accommodation module, increasing yearly in line with CPI reviews.
Enjoy genuine scheduling freedom with no fixed office hours and minimal oversightlow-maintenance gardens, no common facilities & minimal external-agent competition let you focus on maximising revenue. The 3-bed + study managers townhouse can be easily converted into a 4th bedroom plus offers a dedicated office, built-in robes, ceiling fans throughout, air-conditioning in the main bedroom, a separate downstairs toilet, two parking spaces and an oversized backyard for true on-site convenience
Nestled in the heart of Acacia Ridge, this business places you just minutes from Sunnybank Plaza, Market Square North and Sunnybank Hills Shoppingtown, where youll find supermarkets, specialty grocers, cinemas, cafs and a vast dining precinct. Frequent bus services connect you to Brisbane CBD, while the nearby Logan Motorway on-ramp offers seamless access to Ipswich, the airport and the Gold Coast.
Why Its an Absolute Steal:
-Ultra-Low Multiple: 4.48 net profitrare for a 37-unit complex.
-Flexible Operation: No office hours; minimal day-to-day duties.
-Growth Ready: 20 owner-occupied units offer clear upside if converted to lettings.
-Prime Acacia Ridge Locale: Quick motorway access, public transport, schools and shopping at your doorstep.
-Conversion Flexibility: 3-bed + study easily adds a bedroom and separate office.
**Ras360 Specialists in Management Rights | Motels | Hotels | Pubs | Parks**
More Information
- Total Purchase Price: 4.48X @ $470K MR&$679k Unit = Total $1.149M
- Net Income: $ 102,926
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 688,800
The value of on-title property included with the business. Its price is included in the Total Purchase Price. - Multiplier: undisclosed
Estimated number of years till the Net Income reaches the Purchase Price of the business component. Other factors such as lifestyle, workload, location and offering should always be considered ahead of the multiplier when evaluating a Management Rights business.
Number of units the manager is authorised to manage.
Number of units resided in by their owners.
Number of units owners are not renting out, but also do not live in.
Number of units being rented by other agents (these could potentially be acquired by the manager).
The total number of units within the complex.
This is the body corporate caretaker salary. It is included in the Net Income above.
How long is the caretaking contract.
How long remains on the caretaking contract before it must be renewed?
How long has the management rights existed.
Required Office Hours
The value of on-title property included with the business. Its price is included in the Total Purchase Price.
Is there a manager's office included on the title?
Can the manager own a pet on site?