Brand-New Management Rights Business Only – Brisbane Southside
Permanent Management Rights for Sale in Mount Gravatt East, QLD — $1,210,000
Key facts
- Price
- $1,210,000
- Location
- Mount Gravatt East, QLD 4122
- Type
- Permanent Management Rights
- Net income
- $264,000 (projected)
- Caretaking remuneration
- $74,000
- Units in letting pool
- 72
- Total units in complex
- 74
- Agreement term (years)
- 25
- Agreement remaining (years)
- 25
- Office hours
- N/A
- Listed by
- Portal Realty
- Listing ID
- 21195544
- Last updated
- 2026-10-12
Description
An exceptional opportunity has arisen to acquire a brand-new Management Rights business in a highly convenient and well-connected location at Brisbane’s Southside.
The complex was fully completed approximately one year ago and comprises 74 modern apartments, offering a mix of studio, one-bedroom and two-bedroom apartments. Importantly, 100% of the apartments are currently tenanted, providing an established and stable income.
The business generates an annual net profit of approximately $264,000, including $74,000 per annum in Body Corporate remuneration. With a low-maintenance caretaking workload, the business offers an attractive combination of solid income and manageable operating requirements.
A major advantage of this opportunity is that there is no real estate component to purchase and no onsite residency requirement, substantially reducing the capital required to acquire the business while providing greater flexibility and lifestyle benefits.
Whether you are looking to enter the Management Rights industry or expand an existing portfolio, this represents a rare opportunity to acquire a high-performing, low-maintenance Management Rights business in a prime Brisbane Southside location.
Key Highlights:
• 74 modern apartments;
• 100% currently tenanted;
• approximately $264,000 annual net profit;
• $74,000 Body Corporate salary included in the net profit;
• low caretaking workload;
• no manager’s unit to purchase;
• no onsite residency requirement;
• no fixed office hours;
• near-new complex completed approximately one year ago.
Serious enquiries welcome.
Contact: 0477 736 696
Disclaimer: Portal Realty advises that every effort has been made to ensure the accuracy of information provided. All details and info relating to these businesses and/or properties have been supplied by the vendor. While we strive to present accurate and reliable information, we are not responsible for any misstatements, errors, or omissions. We strongly encourage all prospective purchasers to conduct their own inquiries and assessments regarding the information supplied. Please note that images displayed may not always represent its exact geographical location.
The complex was fully completed approximately one year ago and comprises 74 modern apartments, offering a mix of studio, one-bedroom and two-bedroom apartments. Importantly, 100% of the apartments are currently tenanted, providing an established and stable income.
The business generates an annual net profit of approximately $264,000, including $74,000 per annum in Body Corporate remuneration. With a low-maintenance caretaking workload, the business offers an attractive combination of solid income and manageable operating requirements.
A major advantage of this opportunity is that there is no real estate component to purchase and no onsite residency requirement, substantially reducing the capital required to acquire the business while providing greater flexibility and lifestyle benefits.
Whether you are looking to enter the Management Rights industry or expand an existing portfolio, this represents a rare opportunity to acquire a high-performing, low-maintenance Management Rights business in a prime Brisbane Southside location.
Key Highlights:
• 74 modern apartments;
• 100% currently tenanted;
• approximately $264,000 annual net profit;
• $74,000 Body Corporate salary included in the net profit;
• low caretaking workload;
• no manager’s unit to purchase;
• no onsite residency requirement;
• no fixed office hours;
• near-new complex completed approximately one year ago.
Serious enquiries welcome.
Contact: 0477 736 696
Disclaimer: Portal Realty advises that every effort has been made to ensure the accuracy of information provided. All details and info relating to these businesses and/or properties have been supplied by the vendor. While we strive to present accurate and reliable information, we are not responsible for any misstatements, errors, or omissions. We strongly encourage all prospective purchasers to conduct their own inquiries and assessments regarding the information supplied. Please note that images displayed may not always represent its exact geographical location.