Business Only! | No Need Live onsite No Office Hours | 65% of the income is derived from strong remuneration | Add-On Opportunity!
Permanent Management Rights for Sale in Carindale, QLD — Business Only $669,000
Key facts
Price
Business Only $669,000
Location
Carindale, QLD 4152
Type
Permanent Management Rights
Net income
$118,479 (actual)
Caretaking remuneration
$76,112
Units in letting pool
12
Total units in complex
37
Agreement term (years)
25
Office hours
N/A
Car spaces
1
Listed by
Cedar Realty
Listing ID
21181239
Last updated
2026-09-10
Description
1. Location: Located in the Brisbane East-South area within a renowned Mansfield State High school catchment.
2. 19.5-Year remaining Management Rights Business: This business includes long-term property management rights for a healthy community, which is easy to manage and maintain.
3. The post-tax annual Body corporate remuneration is $76,112, 65% of the income is derived from strong remuneration with wages steadily increasing each year according to the CPI. It manages a letting pool of 12 propertie. The annual net profit is $118,479.
ble Management:
– No requirement to purchase a manager’s unit or live onsite
– No set office hours..
5. Convenient Transportation: Close to the M1 motorway and near the Westfield shopping center.66. Close to Pacific Golf Club
6. Ease of Operation: Easily operated by one person. Alternatively, it can be added to the responsibilities of a nearby building manager.