Proudly supported by all of the industry's leading brokers
Just Completed with New 25 Year Agreement.
$220,000 - Business Only
Permanent Management Rights, BROWNS PLAINS QLD
Waterman Residences presents a ideal low-maintenance investment opportunity in Browns Plains, a thriving growth hub situated between Brisbane and the Gold Coast. This completed complex features 18 modern townhomes and is offered as a business-only management rights opportunity with no real estate purchase required and only minimal caretaking duties.
Perfectly positioned just 30 minutes from Brisbane and 40 minutes from the Gold Coast, the area is underpinned by more than $84 million in surrounding infrastructure projects, ensuring ongoing growth and demand. With 14 of the 18 townhomes in the letting pool, the complex benefits from strong, long-term tenant demand and steady population growth within the Southeast Queensland corridor.
The business delivers a net profit of $58,401 supported by a Body Corporate salary of $19,800, providing a profitable yet easily managed investment. Brand-new 25-year agreements further enhance the appeal, securing long-term income and stability for both first-time and experienced investors. With no real estate purchase required, Waterman Residences offers an affordable entry point into the market while maintaining impressive returns.
Enjoy the peace of mind that comes with stable income in a growing community, all with minimal workload. Contact Ras360 today to secure your place in one of Southeast Queenslands most promising management rights opportunities.
Ras360 Specialists in Management Rights | Motels | Hotels | Pubs | Parks
More Information
- Total Purchase Price: $220,000 - Business Only
- Net Income: $ 58,401
(projected)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 0
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