Crazy 3.72x with 26.87% ROI Caretaking only with No Real Estate to purchase
Permanent Management Rights for Sale in Coombabah, QLD — $299k - Business Only Caretaking
Key facts
- Price
- $299k - Business Only Caretaking
- Location
- Coombabah, QLD 4216
- Type
- Permanent Management Rights
- Net income
- $80,355 (actual)
- Caretaking remuneration
- $80,355
- Total units in complex
- 48
- Agreement term (years)
- 25
- Agreement remaining (years)
- 16
- Office hours
- No offce hours
- Listed by
- Ras360
- Listing ID
- 21165582
- Last updated
- 2026-09-28
Description
This business-only Management Rights opportunity offers exceptional value for buyers seeking a flexible, low-overhead caretaking role without the requirement to purchase a manager’s unit. With a remarkably low multiplier of 3.72x and a strong return on investment of 26.87%, this is an ideal entry-level or add-on acquisition for those looking to secure a stable income stream.<br />
<br />
The agreement covers 48 townhouses and delivers a healthy Body Corporate salary of $80,355 per annum. The role is caretaking-only – meaning there is no letting pool component, no rentals to manage, and no real estate licence required. Duties are straightforward and primarily involve the upkeep of common areas to ensure the complex is well-presented and maintained to Body Corporate expectations.<br />
<br />
Another attractive feature is the flexibility of operation: there is no requirement to live onsite and no manager’s residence included in the sale. You can run the business from home, and while you must remain contactable during regular business hours, there is no obligation to maintain set office hours.<br />
<br />
This rare business-only model suits a hands-on operator who values lifestyle, flexibility, and predictable income without the commitments associated with traditional Management Rights. With strong financials, an appealing workload, and no property purchase needed, this is a standout opportunity for newcomers, semi-retirees, downsizers, or existing operators looking to expand their portfolio with a low-maintenance, high-return business.<br />
<br />
**Ras360 – Specialists in Management Rights | Motels | Hotels | Pubs | Parks**
<br />
The agreement covers 48 townhouses and delivers a healthy Body Corporate salary of $80,355 per annum. The role is caretaking-only – meaning there is no letting pool component, no rentals to manage, and no real estate licence required. Duties are straightforward and primarily involve the upkeep of common areas to ensure the complex is well-presented and maintained to Body Corporate expectations.<br />
<br />
Another attractive feature is the flexibility of operation: there is no requirement to live onsite and no manager’s residence included in the sale. You can run the business from home, and while you must remain contactable during regular business hours, there is no obligation to maintain set office hours.<br />
<br />
This rare business-only model suits a hands-on operator who values lifestyle, flexibility, and predictable income without the commitments associated with traditional Management Rights. With strong financials, an appealing workload, and no property purchase needed, this is a standout opportunity for newcomers, semi-retirees, downsizers, or existing operators looking to expand their portfolio with a low-maintenance, high-return business.<br />
<br />
**Ras360 – Specialists in Management Rights | Motels | Hotels | Pubs | Parks**