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Profitable Permanent MR + 4-bed Manager's Unit, ideal for a family! | Resort Brokers ID : MR008847
$2,078,710
Permanent Management Rights, Eagleby QLD
Ready for a new operator to step in and continue the successful operation with a strong net profit, this beautifully maintained permanent townhouse complex located in Eagleby is ideal for both first-time buyers seeking a stable income stream and experienced operators looking to expand their portfolio.
22+ years remaining on agreements, ensuring longevity and stability, supported by successful top-ups, reflecting the excellent relationship between the current manager and the body corporate committees and owners.
Non-gated community featuring a swimming pool, gym, and barbecue area, enhancing its tenant appeal and securing rental demand. The body corporate bears the cost for a professional contractor to service/maintain the pool and a ride-on mower.
Flexibility is a key highlight. With no set office hours, a manager or nominee can reside in any unit or rent out the managers unit.
- Manager or nominee can reside in any unit
- Manager's unit can be rented out if prefered circa $600 per week
- Large 4-bedroom manager's unit in family friendly locale
- Net income $274,752 verified by industry specialist accountant
- Remuneration $139,544 with annual increase ofCPI increases
- No set office hours, offering freedom and flexibility in business operation
- 22 years remaining on agreements with easily managed caretaking duties
- Ideal for first-time buyers or experienced operators expanding portfolios
- Inspection by appointment only
Date updated: 12 Aug2025 23:00:02
More Information
- Total Purchase Price: $2,078,710
- Net Income: $ 274,752
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 650,000
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?