No Onsite Requirement with around $500,000 Net Income Opportunity

Permanent Management Rights for Sale in Mango Hill, QLD — $3,489,000

No Onsite Requirement with around $500,000 Net Income Opportunity

Key facts

Price
$3,489,000
Location
Mango Hill, QLD 4509
Type
Permanent Management Rights
Net income
$471,862 (actual)
Caretaking remuneration
$284,412
Units in letting pool
77
Total units in complex
152
Agreement term (years)
25
Agreement remaining (years)
21
Office hours
no set office hour
Bedrooms
3
Bathrooms
2
Car spaces
2
Listed by
Shine Realty
Listing ID
21170360
Last updated
2026-04-10

Description

This opportunity comprises two residential townhouse complexes offered as one combined management rights transaction. The business includes caretaking and letting income streams across both schemes, with the requirement to purchase only one manager’s residential unit.

There is NO onsite requirement, providing flexibility for owner-operators or investors. Current rent is $660 per week (nearly $35,000 per year), is not including in the net income. The actual income will be over half million. The combined structure delivers economies of scale, simplified operations, and long-term agreement security across both communities.

Key Features:
• Two nearby complexes deliver economies of scale over 500k net income per year
• Only one manager’s unit required to be purchased for the combined operation
• No onsite residency requirement (current rent $660 per week)
• Approximately 15 minutes’ drive between the two schemes
• Over 21 years long-term agreements providing operational security
• Well suited to experienced operators or investors seeking scalable, low-complexity management rights

Contact the exclusive agent today to obtain the full Information Memorandum and further investigate this attractive opportunity.

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