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High Return Caretaking Only Management Rightsâ No Letting, No Office, Pure Lifestyle&Income
$381,500 - Business Only
Permanent Management Rights, KANGAROO POINT QLD
High Return Caretaking Only Management Rights No Letting, No Office, Pure Lifestyle & Income
Unlock this rare dual Brisbane opportunity with no letting commitments required just straightforward caretaking, secure income, and complete flexibility. Perfect for operators seeking a stable, low-complexity business with outstanding lifestyle benefits.
Solid Financials
Net Operating Profit: $82,921
Body Corporate Salary: $82,921
Sale Price: $381,500 (4.6x multiplier), Attractive 21.73% ROI
22 years remaining on Accommodation Module agreements
10 years on Standard Module agreements
Agreements recently topped up with proactive committees in place, ensuring smooth operations and peace of mind.
Modern, attractive buildings featuring well-maintained common areas, quality amenities, and appealing landscaped surrounds. Easy day-to-day management supported by cooperative bodies corporate. Enjoy no office hours, no requirement to live onsite, and no letting obligations providing unmatched operational freedom and work-life balance. Ideal as a stand-alone income stream or addition to an existing portfolio.
Caretaking-only opportunities of this calibre are tightly held in the Brisbane market. Dont miss your chance to secure stable income and flexible lifestyle benefits in two sought-after locations.
Contact us today to learn more and arrange a confidential inspection.
**Ras360 Specialists in Management Rights | Motels | Hotels | Pubs | Parks**
More Information
- Total Purchase Price: $381,500 - Business Only
- Net Income: $ 82,921
(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