Permanent Management Rights for Sale in Bulimba, QLD — $1,840,000
Key facts
Price
$1,840,000
Location
Bulimba, QLD 4171
Type
Permanent Management Rights
Net income
$218,636 (actual)
Caretaking remuneration
$164,755
Units in letting pool
23
Agreement term (years)
25
Agreement remaining (years)
21
Office hours
No set office hour
Listed by
Shine Realty
Listing ID
21149288
Last updated
2026-04-10
Description
Located just 15 minutes from Brisbane’s city centre and under 20 minutes from the airport, this exceptional management and letting rights business offers both convenience and lifestyle. With a bus stop only a 4-minute walk away, transportation is effortless.
The surrounding community boasts fantastic amenities, including small parks, a gym, a dentist, daycare centres, and more—making it an ideal choice for families or semi-retired individuals seeking a well-balanced lifestyle.
This business is a solid investment, with remuneration accounting for over 70% of total income, ensuring a stable and predictable revenue stream. Additionally, annual income is secured with a guaranteed minimum growth of 3% or CPI. Long-term agreements and a positive relationship with the body corporate further enhance the value of this opportunity.
Don't miss out on this outstanding business! Contact the exclusive agent today for more details.