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Rare 3.21x Multiplier + Recent 5 Yr Top Up at Central of Ipswich!
Must Sell - $350K MR + $598K Unit = Total $948k
Permanent Management Rights, BRASSALL QLD
Ras360 is proud to present this established management rights business of 68 townhouses, delivering a secure $109,173 net profit at an exceptionally rare 3.21x multiplier.
Operating under the Accommodation Module, the agreements now enjoy 23 years remaining following a recently approved 5-year top-up at AGM, providing long-term, bankable cashflow secured through to 2048 a highly sought-after feature in todays market.
Currently structured as caretaking plus six lettings, the business offers a light workload, averaging approximately 10am2pm on weekdays. There is no live-in requirement, no gym, minimal gardening, and simple, low-maintenance facilities including a pool, BBQ area, and landscaped gardens, making this an ideal low-stress, lifestyle-friendly operation.
Further upside exists with 15 additional units currently managed externally, presenting a clear pathway to expand the letting pool and increase income over time.
The offering includes a spacious three-bedroom, two-bathroom managers unit with a separate office, single garage plus space for an additional vehicle, gas cooktop, fresh paint, air-conditioning in two bedrooms, ceiling fans throughout, and built-in wardrobes in all rooms comfortable and well-appointed for onsite living if desired.
Ideally located just minutes from Brassall Shopping Centre, 10 minutes to Ipswich CBD, and approximately 45 minutes to Brisbane, this opportunity combines long-term agreement security, low operational intensity, and genuine growth potential in one of South East Queenslands most promising regions.
Ras360 Specialists in Management Rights | Motels | Hotels | Pubs | Parks
More Information
- Total Purchase Price: Must Sell - $350K MR + $598K Unit = Total $948k
- Net Income: $ 109,173
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 598,000
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?