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Business-Only Management Rights in New Farmâ Boutique Complex, Flexible Lifestyle&Strong ROI
$302,500 - Business Only
Permanent Management Rights, NEW FARM QLD
Business-Only Management Rights in New Farm Boutique Complex, Flexible Lifestyle & Strong ROI
Discover this rare opportunity to secure a business-only management rights in the heart of sought-after New Farm. This boutique complex delivers the perfect balance of income, flexibility and growth potential, all with no requirement to live onsite or maintain office hours.
Net Operating Profit: $62,771
Body Corporate Salary: $58,151
Sale Price: $302,500 (5.2x multiplier), Attractive 20.75% ROI
22 years remaining on Accommodation Module agreements
Supported by proactive committees and recently topped-up agreements ensuring long-term peace of mind.
Situated in vibrant New Farm, this boutique complex features luxury amenities including a rooftop lounge and infinity pool. Stylishly designed and well-maintained, it appeals to quality tenants and enhances the ease of day-to-day management. Includes 3 letting appointments, offering a small-scale letting component with upside for hands-on managers looking to grow income. Alternatively, enjoy low-key caretaking with a steady body corporate salary in one of Brisbanes most desirable suburbs.
This business-only opportunity offers no office hours, no requirement to live onsite, and complete operational flexibility. Perfect for operators seeking an easily managed, high-appeal business in a premium location. Contact us today to learn more and arrange a confidential inspection.
**Ras360 Specialists in Management Rights | Motels | Hotels | Pubs | Parks**
More Information
- Total Purchase Price: $302,500 - Business Only
- Net Income: $ 62,771
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 0
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