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Low-Risk Solid Business with High-Quality Home
$1,582,000
Permanent management rights, Banyo QLD
Premium Brisbane northern suburbs MR Growth, Lifestyle, and Comfort in One.
Great Location:
- 15 minutes to Brisbane CBD
- 10 minutes to Brisbane international and domestic airport
- 3 minutes to access Gateway Motorway
- Close to famous state and private schools.
Manager's Unit:
- Luxury managers residence not a townhouse, but a true stand-alone home
- Comfortable house design with over 250m of private living space
- 3 generous bedrooms and 2 modern bathrooms, open-plan, spacious kitchen, separate entrance full-sized office and double lock-up garage
Business Features:
- Long 20-year agreement in place
- Remuneration makes up nearly 80% of net profit providing secure, predictable income.
This is a rare opportunity for families or semi-retirees seeking a stable, low-risk business paired with a spacious, lifestyle-focused managers home. If you're looking for a well-balanced operation offering true lifestyle flexibility, growth potential, and set in a blue-chip location, this business truly ticks all the boxes. Dont miss your chance contact the exclusive agent today for further details and to secure this exceptional opportunity.
More Information
- Total Purchase Price: $1,582,000
- Net Income: $ 145,500
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 920,000
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?