Net Profit $232,553 with High-Quality Waterfront Living - ID 8967

Permanent Management Rights for Sale in Labrador, QLD — Extremely Secure Income with 82% from BC Salary

Net Profit $232,553 with High-Quality Waterfront Living - ID 8967

Key facts

Price
Extremely Secure Income with 82% from BC Salary
Location
Labrador, QLD 4215
Type
Permanent Management Rights
Net income
$232,553 (actual)
Caretaking remuneration
$192,436
Agreement term (years)
25
Agreement remaining (years)
23
Office hours
No set office hours.
Bedrooms
2
Bathrooms
2
Car spaces
2
Listed by
Management Rights Sales
Listing ID
21187938
Last updated
2026-09-10

Description

- Very limited work, allowing you to operate the business at your own pace.
- No set office hours, providing exceptional flexibility with only mobile contactability required.
- Well-maintained, high-quality waterfront building.
- Extremely secure income, with 82% derived from Body Corporate remuneration of $192,436 plus GST.
- 25-year long-term agreement with approximately 23 years remaining.
- High net operating profit of $232,553.
- All permanent rentals, with a current letting pool of 12 in a large complex and excellent potential to generate additional income.
- High-quality, spacious and modern manager's apartment featuring 2 bedrooms, 2 bathrooms, 2 secure car parking spaces, air conditioning and ceiling fans.
- Professional front desk, office and storage facilities; pet-friendly.
- Beautiful and peaceful waterfront environment.
- Great location, close to cafés, restaurants, public transport, parks, shops and more.
- Total asking price is only $2,300,000, including a very spacious, high-quality modern waterfront manager's apartment.

If you are looking for a high-quality waterfront lifestyle with secure high income, minimal work and more free time, this is an opportunity you cannot afford to miss.

Net Profit: $232,553
Asking Price: $2,300,000
(Inclusive of manager's real estate)

More management rights listings