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Financial Freedom Meets Lifestyle
$565K MR + $885K Unit = $1.45M
Permanent Management Rights, MOOROOKA QLD
Ras360 Property Solutions is proud to present Moorooka Central a Management Rights opportunity combining strong income security with clear capital upside. Positioned just 7km from the Brisbane CBD, this secure gated community delivers genuine convenience. It is within walking distance to the Moorooka caf precinct, close to the walking trails of Toohey Forest, and well serviced by Rocklea and Moorooka train stations. Established schools and steady rental demand underpin the locations long-term appeal.
The business is underpinned by a substantial Body Corporate Salary of $104,112 + GST, representing approximately 80% of net profit. This income is protected by a rare Gold Standard review clause, increasing annually by CPI or 3%, whichever is greater. At a multiplier of 4.56x, the offering compares favourably against current market benchmarks and presents compelling value.
Security of tenure is strong, with approximately 23.5 years remaining on Accommodation Module agreements. The contract provides flexibility with no set office hours. Notably, both the current husband and wife work full time outside the complex and attend to the gardens on weekends, demonstrating the manageable nature of the duties. The letting pool is small and stable, and the grounds are straightforward to maintain, making this suitable for a single operator, a couple, or those seeking a lower-intensity role.
The Managers Residence presents immediate upside. Recent comparable sales within the complex have reached $922,000, while the managers townhouse is offered at $885,000. The residence comprises three bedrooms, two bathrooms, and a private courtyard, positioned within a high-growth corridor. The pricing reflects tangible value with potential equity uplift from acquisition.
**Ras360 Specialists in Motels | Hotels | Pubs | Parks | Management Rights**
More Information
- Total Purchase Price: $565K MR + $885K Unit = $1.45M
- Net Income: $ 123,979
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 885,000
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?