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Renter's Paradise Effortless, High Income, Collect Rent From Manager Unit
MR $892k + UNIT $698k = $1.59M
Permanent Management Rights, COLLINGWOOD PARK QLD
This is the ultimate low-maintenance, lifestyle-friendly management rights business designed for those who value freedom, flexibility, and strong returns. With no office hours in place, youre in full control of your schedule manage your time your way, without being tied to a desk or rigid roster.
The managers residence is a rare, freestanding 4-bedroom home offering exceptional space, privacy, and modern comfort. Its oversized layout provides the feel of a standalone house a premium advantage rarely found in todays MLR market. Prefer to live offsite or boost your returns? The residence can be leased out to generate additional income currently rented at $600/week, returning a massive ~$31,000 per year in extra cashflow! This gives buyers the flexibility to either occupy the home or continue enjoying this lucrative income top-up.
This complex is truly a renters paradise. With a consistent flow of rental enquiries, virtually zero vacancy, and strong, stable rental rates, youll enjoy reliable letting income with minimal tenant turnover. Homes here are in high demand and tightly held keeping your letting pool full and your income secure year-round.
Say goodbye to the typical daily grind. The complex is fully supported by a dedicated gardener, meaning lawns, gardens, and outdoor upkeep are already taken care of for you. With this major labour component outsourced, day-to-day tasks are minimal in fact, the current managers only attend the complex 12 days per week, making this an exceptionally easy business to run. Ideal for first-time operators, semi-retirees, or anyone chasing a stress-free business with strong financial performance.
With a strong body corporate salary, reliable rental income streams, and the option to continue renting out the managers unit for additional cashflow, this management rights business offers the best of both worlds: a great income paired with true lifestyle freedom. Enjoy the stability of recurring income while retaining the flexibility to scale, streamline, or operate hands-off as you choose.
**Ras360 Specialists in Management Rights | Motels | Hotels | Pubs | Parks**
More Information
- Total Purchase Price: MR $892k + UNIT $698k = $1.59M
- Net Income: $ 180,000
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 698,000
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?