$186,354 Net Profit and Freestanding Home - North Brisbane - ID 9217
Permanent Management Rights for Sale in Murrumba Downs, QLD — Free Standing Managers Residence
Key facts
Price
Free Standing Managers Residence
Location
Murrumba Downs, QLD 4503
Type
Permanent Management Rights
Net income
$186,534 (actual)
Caretaking remuneration
$102,787
Agreement term (years)
25
Agreement remaining (years)
24
Office hours
As per agreements
Bedrooms
4
Bathrooms
2
Car spaces
2
Listed by
Management Rights Sales
Listing ID
21167845
Last updated
2026-07-03
Description
Permanent Management Rights For Sale
Simple Duties & Almost 25 Years Full Term
- This business features a very strong and secure Body Corporate salary of $102,787 plus GST, with annual CPI increases.
- All permanent letting only – letting pool of 32 units, with 11 units currently managed by outside agents, offering clear upside potential.
- Simple caretaking duties requiring only a few hours per week, providing excellent flexibility and lifestyle balance.
- Strong net operating profit of $186,354.
- Long-term 25-year agreements with over 24 years remaining — virtually the full term.
- A spacious and well-presented two-level freestanding house featuring 4 bedrooms, 2.5 bathrooms, and a double garage.
- Large, professional on-title office.
- Low multiplier of only 4.23 for a Brisbane Northside opportunity.
- Superior and highly convenient location close to all amenities.
This easy-to-manage management rights business, combined with a large double story four-bedroom manager’s freestanding residence in one of Brisbane’s most popular northside locations, represents a rare and highly attractive opportunity that will not last long.
Asking Price: $1,588,000
(Inclusive of Manager's Real Estate)
Net Profit: $186,354