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Business Only Management Rights in a Prime Location
$678,000
Permanent management rights, Carindale QLD
A business-only management rights opportunity located in a tightly held and well-established suburb, offering a simple, stable and flexible business model suitable for both first-time buyers and experienced operators.
The business provides a reliable income profile with consistent and predictable cashflow. Approximately one-third of the lots are in the letting pool, making it easy to manage by one person, with strong support reflected in voting outcomes.
There is no requirement to purchase a managers unit and no onsite living obligation, allowing full flexibility to live offsite. With no set office hours, the business offers a highly lifestyle-friendly structure.
The complex is a well-maintained townhouse community with a manageable scale, ideal for a single operator or as an addition to an existing portfolio. The agreements are under the Accommodation Module with approximately 20 years remaining, and remuneration is reviewed annually in line with CPI, providing long-term income security and growth.
This is an excellent opportunity for buyers seeking a low-maintenance management rights business with stable income and long agreements. Opportunities of this type, particularly without the need to purchase real estate, are becoming increasingly rare.
For further information or to arrange an inspection, please contact the exclusive agent today.
More Information
- Total Purchase Price: $678,000
- Net Income: $ 118,000
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 0
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