Business ONLY with over $308k Net (No Onsite requirement)
Permanent Management Rights for Sale in Griffin, QLD — $1,787,500
Key facts
- Price
- $1,787,500
- Location
- Griffin, QLD 4503
- Type
- Permanent Management Rights
- Net income
- $308,182 (actual)
- Caretaking remuneration
- $167,232
- Units in letting pool
- 56
- Agreement term (years)
- 25
- Agreement remaining (years)
- 21
- Office hours
- no set office hour
- Listed by
- Shine Realty
- Listing ID
- 21172403
- Last updated
- 2026-09-09
Description
This is a rare, high-income business-only permanent management rights opportunity currently available on the market. With no manager’s unit required to be purchased and no onsite living obligation, this business offers excellent flexibility and delivers a strong return with an ROI of over 17.25%.
The complex is a well-established residential townhouse community built in 2017, with a simple layout that is easy to manage. There is only one pool and minimal garden area, resulting in low maintenance requirements and efficient daily operations. The business is suitable for experienced operators looking to expand their portfolio, as well as first-time buyers seeking a manageable entry into the industry.
The agreements run through to late 2047, with 21.5 years remaining under the Accommodation Module, providing long-term security and operational stability. The income structure is well balanced, with solid body corporate remuneration reviewed by CPI, together with letting commissions and associated fees generating consistent and reliable cashflow.
Key features include
• Business only – no manager’s unit required
• No onsite residency requirement
• No set office hour requirement
• Long agreement term to late 2047
• Strong net income of $308,182
• ROI approximately 17.25%
• Well-structured townhouse complex
• Easy to operate and maintain
• Suitable for owner-operator or investor
This presents an excellent opportunity for buyers seeking a stable, high-income management rights business with long agreements, simple operation and strong returns. Whether you are entering the industry for the first time or looking to add another complex to your portfolio, this is a quality opportunity worth serious consideration.
For further information, please contact the exclusive agent.
The complex is a well-established residential townhouse community built in 2017, with a simple layout that is easy to manage. There is only one pool and minimal garden area, resulting in low maintenance requirements and efficient daily operations. The business is suitable for experienced operators looking to expand their portfolio, as well as first-time buyers seeking a manageable entry into the industry.
The agreements run through to late 2047, with 21.5 years remaining under the Accommodation Module, providing long-term security and operational stability. The income structure is well balanced, with solid body corporate remuneration reviewed by CPI, together with letting commissions and associated fees generating consistent and reliable cashflow.
Key features include
• Business only – no manager’s unit required
• No onsite residency requirement
• No set office hour requirement
• Long agreement term to late 2047
• Strong net income of $308,182
• ROI approximately 17.25%
• Well-structured townhouse complex
• Easy to operate and maintain
• Suitable for owner-operator or investor
This presents an excellent opportunity for buyers seeking a stable, high-income management rights business with long agreements, simple operation and strong returns. Whether you are entering the industry for the first time or looking to add another complex to your portfolio, this is a quality opportunity worth serious consideration.
For further information, please contact the exclusive agent.