The Gem on Brisbane City Fringe - ID 8862
Permanent Management Rights for Sale in Auchenflower, QLD — $1,668,880
Key facts
- Price
- $1,668,880
- Location
- Auchenflower, QLD 4066
- Type
- Permanent Management Rights
- Net income
- $174,368 (actual)
- Caretaking remuneration
- $81,000
- Agreement term (years)
- 25
- Agreement remaining (years)
- 22
- Office hours
- No set office hours
- Bedrooms
- 2
- Bathrooms
- 2
- Car spaces
- 1
- Listed by
- Management Rights Sales
- Listing ID
- 21191452
- Last updated
- 2026-09-10
Description
Mixed Management Rights For Sale
No Office Hours - Easy Business
- Perfectly positioned on Brisbane's city fringe, the complex is just moments from the CBD.
- Financials: Strong net profit of $174,368 with gross income exceeding $230,000.
- Body Corporate Salary: Approximately $81,000 + GST, secured with annual CPI increases.
- Secure Agreements: A 25 year agreement is in placw with a substantial 22 years remaining.
- Ultimate Flexibility: No set office hours providing maximum flexibility and freedom.
- The highly manageable letting pool consists of 7 units (5 holiday and 2 permanent). There are 3 units managed by outside agents.
- An exclusive reception area with ample storage space.
- A very cooperative and supportive Body Corporate committee.
- Spacious, high quality manager's residence featuring 2 bedrooms, 2 bathrooms and 1 secure car space, complete with attractive river views.
- Very convenient location, close to everything.
Asking Price: $1,668,880 (includes the management rights business and the quality 2 bedroom manager’s apartment).
Located in a highly sought-after and convenient area, this property offers the perfect combination of premium lifestyle living, a strong income stream, and incredibly low-stress duties.
Net Profit: $174,368
Asking Price: $1,668,880
(Inclusive of Manager's Real Estate)
No Office Hours - Easy Business
- Perfectly positioned on Brisbane's city fringe, the complex is just moments from the CBD.
- Financials: Strong net profit of $174,368 with gross income exceeding $230,000.
- Body Corporate Salary: Approximately $81,000 + GST, secured with annual CPI increases.
- Secure Agreements: A 25 year agreement is in placw with a substantial 22 years remaining.
- Ultimate Flexibility: No set office hours providing maximum flexibility and freedom.
- The highly manageable letting pool consists of 7 units (5 holiday and 2 permanent). There are 3 units managed by outside agents.
- An exclusive reception area with ample storage space.
- A very cooperative and supportive Body Corporate committee.
- Spacious, high quality manager's residence featuring 2 bedrooms, 2 bathrooms and 1 secure car space, complete with attractive river views.
- Very convenient location, close to everything.
Asking Price: $1,668,880 (includes the management rights business and the quality 2 bedroom manager’s apartment).
Located in a highly sought-after and convenient area, this property offers the perfect combination of premium lifestyle living, a strong income stream, and incredibly low-stress duties.
Net Profit: $174,368
Asking Price: $1,668,880
(Inclusive of Manager's Real Estate)