Long-Term Income Security – Established Management Rights | 18.6% ROI
Permanent Management Rights for Sale in Brendale, QLD — $1.015M - Business Only
Key facts
Price
$1.015M - Business Only
Location
Brendale, QLD 4500
Type
Permanent Management Rights
Net income
$188,327 (actual)
Caretaking remuneration
$71,998
Units in letting pool
41
Total units in complex
49
Agreement term (years)
25
Agreement remaining (years)
25
Office hours
None Required
Listed by
Ras360
Listing ID
21205559
Last updated
2026-11-05
Description
Delivering an attractive 18.6% ROI, this established Business-Only management rights opportunity combines strong permanent letting income, secure Body Corporate remuneration and 25 years remaining under Accommodation Module agreements, without the capital commitment of purchasing a manager's residence.<br />
<br />
Generating a Net Operating Profit of $188,327, supported by Body Corporate remuneration of $71,998 per annum, the business is priced at $1,015,000, reflecting a 5.39x multiplier. Remuneration is reviewed annually in October at CPI or 3%, whichever is greater, providing a secure income base with built-in annual increases.<br />
<br />
Positioned in Brendale within Brisbane's established northern residential corridor, the complex enjoys convenient access to Strathpine's major retail precinct, local employment hubs and key transport connections. The surrounding residential catchment and proximity to Brisbane's northern growth corridor underpin ongoing permanent rental demand.<br />
<br />
Comprising 49 modern townhouses, the business maintains a substantial 41-unit letting pool. Minimal communal facilities support manageable caretaking responsibilities, while owner-managed properties present opportunities for future letting pool growth. The Business-Only structure offers genuine operational flexibility, ideally suited to portfolio expansion or a standalone operation.<br />
<br />
- Attractive 18.6% Return on Investment<br />
- Business-Only acquisition – no residence required<br />
- Full term 25 years remaining under recently topped up agreements <br />
- Established letting pool of 41 townhouses across a 49-unit complex<br />
- No external managing agents within the complex<br />
- Body Corporate remuneration with annual CPI or minimum 3% increases<br />
- Minimal communal facilities and manageable caretaking obligations<br />
<br />
Enquire today for confidential information on this established, high-return Brisbane North management rights opportunity.