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NEW Southern Brisbane Management Rights - Business Only Brand New
$220,000 - Business Only
Permanent Management Rights, BROWNS PLAINS QLD
Waterman Residences offers an ideal, low-maintenance investment opportunity in Browns Plains, a high-demand area located between Brisbane and the Gold Coast. With 18 modern townhomes, this business-only management rights opportunity requires no real estate purchase and offers limited caretaking duties.
Why Invest?
Prime Location: Browns Plains is just 30 minutes from Brisbane and 40 minutes from the Gold Coast. With over $84 million in nearby infrastructure projects, the area promises long-term growth and demand.
Strong Tenant Demand: With 14 of 18 units in the letting pool, Waterman Residences attracts long-term tenants, benefiting from steady population growth in this SE Queensland growth corridor.
High-Yield, Low-Care: Net profit of $58,401 and a Body Corporate salary of $19,800 create a profitable, manageable investment.
New 25-Year Agreements: Secure, long-term income stream ideal for both seasoned and new investors.
Low Entry Cost, High ROI: No real estate purchase required, allowing investors a cost-effective entry with strong returns.
Enjoy a stable income in a thriving community with minimal effort. Contact Ras360 today to secure your place in one of southeast Queensland's most promising investments.
**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