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Brisbane Management Rights with Outstanding ROI
Business Only - $899k
Permanent Management Rights, LUTWYCHE QLD
An outstanding opportunity to acquire the business-only management rights of Urban Ridge Terraces, a well-regarded townhouse complex in Brisbane. The agreements have just been topped up to a full 25 years, providing excellent long-term security and peace of mind for the incoming operator.
The current owner is ready to retire, creating the perfect chance for a new manager to step into a streamlined, low-maintenance business. With minimal day-to-day workload, this opportunity combines lifestyle flexibility with a strong financial return.
All major equipment required for the operation is owned by the Body Corporate, keeping overheads low. Should you wish to retain the office furniture and equipment, the vendor is happy to include these in the sale for a smooth handover.
Most notably, this complex delivers a remarkable ROI of 19.5% a rare find in todays market. Such returns, paired with long agreements and an easy-to-run operation, make this business exceptional value for both first-time operators and seasoned management rights buyers.
For those seeking a secure, profitable and lifestyle-friendly investment in Brisbane, Urban Ridge Terraces is a standout opportunity
More Information
- Total Purchase Price: Business Only - $899k
- Net Income: $ 175,220
(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