Affordable Entry-Level MR - Nice Home + $58K Annual Income
Permanent Management Rights for Sale in Murrumba Downs, QLD — $950,000 negotiable
Key facts
- Price
- $950,000 negotiable
- Location
- Murrumba Downs, QLD 4503
- Type
- Permanent Management Rights
- Net income
- $58,000 (actual)
- Caretaking remuneration
- $45,894
- Units in letting pool
- 9
- Total units in complex
- 39
- Agreement term (years)
- 25
- Agreement remaining (years)
- 23
- Office hours
- No set office hour
- Bedrooms
- 3
- Bathrooms
- 2
- Car spaces
- 2
- Listed by
- Shine Realty
- Listing ID
- 21183799
- Last updated
- 2026-09-10
Description
Why spent $1 million house when you can pay $950k to own this nice home and receive an extra $58,000 per year?
Looking for a home that helps pay for itself?
This boutique townhouse management rights opportunity offers an affordable entry into the industry with a total investment under $1 million. The management rights business is priced at only $150,000, representing an attractive multiplier of approximately 2.5x, while the spacious 3-bedroom manager's residence provides comfortable owner-occupier living.
Easy manage caretaking work and no set office hours, a 23 years remaindering long agreement extending to 2049, this is an ideal opportunity for first-time operators, semi-retirees, or buyers seeking additional income alongside home ownership.
Why rent when you can own your home and receive approximately $58,000 per year in management rights income?
• Total investment only $950,000
• Business price only $150,000
• Approx. $58,000 net income
• Long agreement to 2049
• No office hours
• Spacious 3-bedroom manager's residence with office on title
• Perfect for first-time management rights buyers
An opportunity to combine lifestyle, home ownership, and reliable additional income in Brisbane's growing northern corridor. Contact exclusive agent today for further information or book your inspection.
Looking for a home that helps pay for itself?
This boutique townhouse management rights opportunity offers an affordable entry into the industry with a total investment under $1 million. The management rights business is priced at only $150,000, representing an attractive multiplier of approximately 2.5x, while the spacious 3-bedroom manager's residence provides comfortable owner-occupier living.
Easy manage caretaking work and no set office hours, a 23 years remaindering long agreement extending to 2049, this is an ideal opportunity for first-time operators, semi-retirees, or buyers seeking additional income alongside home ownership.
Why rent when you can own your home and receive approximately $58,000 per year in management rights income?
• Total investment only $950,000
• Business price only $150,000
• Approx. $58,000 net income
• Long agreement to 2049
• No office hours
• Spacious 3-bedroom manager's residence with office on title
• Perfect for first-time management rights buyers
An opportunity to combine lifestyle, home ownership, and reliable additional income in Brisbane's growing northern corridor. Contact exclusive agent today for further information or book your inspection.