Big $257k Profit in Location Location Location

$1.350M MR&$790k Unit = Total $2.140M

Permanent Management Rights, BULIMBA QLD

Earn a magnificent $257k while living and working in the Blue chip suburb of Bulimba

No need to worry about rising petrol costs when the car doesn't need to leave the carpark as your work is at your door

An opportunity to acquire a well-established Management Rights business in one of Brisbanes most tightly held inner-city suburbs.

The business delivers a strong nett income of $256,848, supported by an Accommodation Module with 24 years remaining, providing long-term security and stability for the incoming operator.

Additional Income & Upside Opportunities
Importantly, there are income streams and growth avenues not fully reflected in the current nett figure:
The Body Corporate engages the managers to undertake additional gardening and maintenance work outside the caretaking agreement, generating supplementary income.
Real estate sales within the complex present further earning potential. A recent sale of $1.420M highlights the strength of the local market and the opportunity for sales commissions to enhance overall returns.

These elements provide scope for an incoming operator to further optimise income over time.

The complex is straightforward to manage and will appeal to buyers seeking a balanced combination of income, tenure, and lifestyle.

Located in Bulimba, the business benefits from a strong residential profile, consistent rental demand, and proximity to the vibrant Oxford Street precinct, ferry services, and the Brisbane CBD. The suburb continues to attract stable, long-term residents.

The managers accommodation comprises a recently refurbished one-bedroom plus study apartment, supported by substantial exclusive-use storage and caretaker facilities. The agreements provide flexibility regarding on-site living arrangements, allowing the option to reside in a larger apartment within the complex and lease the managers unit if preferred (subject to agreement conditions).
This opportunity will appeal to buyers seeking:
A blue-chip inner-city location
Long remaining term
Stable income with upside
Flexible living arrangements
A business that integrates lifestyle and home ownership

Further information, including financials and property details, is available upon enquiry.

Key Details (Summary):
Nett Profit: $256,848
Business Price: $1,350,000
ROI on Business 19.03%
The Home (Managers Unit) Price: $790,000
Total Purchase Price: $2,140,000
Module: Accommodation 24 years remaining

Robert Collins | Ras360 | 78 792 |
Joel McCartin | Ras360 | 0407 834 425 |

Ras360 Specialists in Management Rights | Motels | Hotels | Pubs | Parks

More Information

Financial Overview

Total Purchase Price: $1.350M MR&$790k Unit = Total $2.140M
Net Income: $ 256,848 (actual)
_{This is the combined total income acheived by the business after expenses, before tax.}
Included Real Estate: $ 790,000
_{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.}