Premium Inner-North Brisbane – Secure, Flexible Business-Only Opportunity
Permanent Management Rights for Sale in Ascot, QLD — $899,000
Key facts
- Price
- $899,000
- Location
- Ascot, QLD 4007
- Type
- Permanent Management Rights
- Net income
- $151,105 (actual)
- Caretaking remuneration
- $80,174
- Units in letting pool
- 29
- Total units in complex
- 63
- Agreement term (years)
- 25
- Agreement remaining (years)
- 22
- Office hours
- Nil
- Listed by
- Ras360
- Listing ID
- 21174079
- Last updated
- 2026-10-06
Description
Delivering an impressive 16.8% ROI, this established Business-Only management rights opportunity is positioned across the tightly held, blue-chip inner-northern Brisbane suburbs of Ascot and Lutwyche. Combining secure Body Corporate income, a substantial permanent letting pool and genuine operational flexibility, there is no onsite residence requirement or fixed reception hours.<br />
<br />
Generating a Net Operating Profit of $151,105, supported by Body Corporate remuneration of $80,174 p.a. + GST, the business provides a reliable recurring income base alongside established letting commissions and fees. The combined 29-unit letting pool comprises spacious two-bedroom apartments, with average weekly rents advised at $650–$750.<br />
<br />
Importantly, both buildings utilise the same strata management and service providers, creating a streamlined structure across the two locations. The business is currently managed efficiently by a single operator, reinforcing the flexibility and practical nature of the operation.<br />
<br />
Income Streams<br />
Body Corporate Salary: $80,174 p.a. + GST<br />
Rental Commission: 8% + GST<br />
Letting Fee: 1 week’s rent + GST<br />
Advertising Fee: $300 + GST<br />
Postage & Petties: $6 + GST<br />
Additional owner-agreed fee variations may apply<br />
Ascot<br />
<br />
Swimming pool and spa, with maintenance and chemicals paid by the Body Corporate, together with an outdoor kitchen and rooftop entertainment area.<br />
<br />
Lutwyche<br />
<br />
BBQ and entertainment facilities within a secure residential complex.<br />
<br />
Both locations offer excellent access to shopping, transport, major arterial roads and established amenities, with convenient proximity to Brisbane Airport.<br />
<br />
Combining premium inner-north locations, recurring Body Corporate income, an established permanent letting pool and a flexible Business-Only structure, this is a tightly held Brisbane management rights opportunity offering both security and operational simplicity.<br />
<br />
With a 16.8% ROI, premium inner-north positioning and genuine operational flexibility, this opportunity warrants closer inspection. Contact Ras360 for further information or to arrange an inspection by appointment.<br />
<br />
Ras360 – Specialists in Management Rights | Motels | Hotels | Pubs | Parks
<br />
Generating a Net Operating Profit of $151,105, supported by Body Corporate remuneration of $80,174 p.a. + GST, the business provides a reliable recurring income base alongside established letting commissions and fees. The combined 29-unit letting pool comprises spacious two-bedroom apartments, with average weekly rents advised at $650–$750.<br />
<br />
Importantly, both buildings utilise the same strata management and service providers, creating a streamlined structure across the two locations. The business is currently managed efficiently by a single operator, reinforcing the flexibility and practical nature of the operation.<br />
<br />
Income Streams<br />
Body Corporate Salary: $80,174 p.a. + GST<br />
Rental Commission: 8% + GST<br />
Letting Fee: 1 week’s rent + GST<br />
Advertising Fee: $300 + GST<br />
Postage & Petties: $6 + GST<br />
Additional owner-agreed fee variations may apply<br />
Ascot<br />
<br />
Swimming pool and spa, with maintenance and chemicals paid by the Body Corporate, together with an outdoor kitchen and rooftop entertainment area.<br />
<br />
Lutwyche<br />
<br />
BBQ and entertainment facilities within a secure residential complex.<br />
<br />
Both locations offer excellent access to shopping, transport, major arterial roads and established amenities, with convenient proximity to Brisbane Airport.<br />
<br />
Combining premium inner-north locations, recurring Body Corporate income, an established permanent letting pool and a flexible Business-Only structure, this is a tightly held Brisbane management rights opportunity offering both security and operational simplicity.<br />
<br />
With a 16.8% ROI, premium inner-north positioning and genuine operational flexibility, this opportunity warrants closer inspection. Contact Ras360 for further information or to arrange an inspection by appointment.<br />
<br />
Ras360 – Specialists in Management Rights | Motels | Hotels | Pubs | Parks