Proudly supported by all of the industry's leading brokers
Freedom to Live Your Way - $103K Net, No Office Hours or Facilities, 4.47x Near Sunnybank
Only 4.47x - $460K MR&$688k Unit = Total $1.14M
Permanent Management Rights, ACACIA RIDGE QLD
With the vendor relocating, this is a prime opportunity to secure a rock-solid, low-maintenance management rights business just minutes from Sunnybank. This tightly held 37-townhouse complex, including 17 in the letting pool, produces a verified $102,926 net profit per annum, supported by a $68,127 body corporate salary under a 20-year Accommodation Module with annual CPI increases. At an attractive 4.47x multiplier, it offers excellent value for a well-presented and highly manageable complex in a sought-after area.
The lifestyle advantages are standout no fixed office hours, no shared facilities to maintain, minimal gardening requirements, and no competition from external letting agents. The managers townhouse is practical and comfortable, featuring three bedrooms plus a study (easily used as a fourth bedroom), a large backyard, two car spaces, and a dedicated office, creating an ideal homework balance.
Positioned in the high-demand Acacia Ridge catchment, the location offers exceptional convenience. Sunnybank Plaza, Market Square, and Sunnybank Hills Shoppingtown are only minutes away, with quality schools, public transport, and major arterial roads including the Logan Motorway close by for easy access across Brisbane.
This is an ideal opportunity for first-time operators or semi-retirees seeking a low-stress, high-return lifestyle business in one of Brisbanes most popular growth corridors.
**Ras360 Specialists in Management Rights | Motels | Hotels | Pubs | Parks**
More Information
- Total Purchase Price: Only 4.47x - $460K MR&$688k Unit = Total $1.14M
- 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?