Ideal Location - Large Net Profit Permanent Management Rights

$1,869,450

Permanent management rights, North Lakes QLD

Business Details:
Prime Management Rights Opportunity | 22+ Year Term | Ideal for Couple or Investors

A standout management rights business is now available, offering long-term security and lifestyle flexibility with over 22 years remaining on a 25-year agreement. This established operation can be seamlessly managed by a husband-and-wife team or using the contracted service providersdelivering strong returns on capital with minimal hands-on involvement.

Key Highlights:

Long-Term Agreement: 22+ years remaining, providing exceptional stability and income security
Proven Management Model: Operate as a couple or retain current contractors for passive income
Comprehensive Training: Full handover and ongoing support provided
Premium Location: Minutes from Bunnings, Costco, IKEA, Westfield Shopping Centre, sports clubs, hospitals, specialist clinics, and dining precincts
Recreation & Lifestyle: Adjacent to parks with scenic walking paths
Education Zone: Services Prep to Year 12 schools with excellent NAPLAN and academic results
Transport Access: Easy entry to Bruce Highway (Sunshine Coast/Brisbane CBD) and Mango Hill Train Station with Brisbane Metro rail connections

Pricing:
Asking Price: By Negotiation All offers will be considered by the vendor.

This is a rare opportunity to acquire a well-located, turnkey business with long-term income certainty and multiple management options. Ideal for first-time operators or investors seeking stable returns.

Reply now to receive the full information package and arrange an inspection.

More Information

Financial Overview

Total Purchase Price: $1,869,450
Net Income: $ 243,890 (actual)
_{This is the combined total income acheived by the business after expenses, before tax.}
Included Real Estate: $ 650,000
_{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.}

Letting Business

Letting Pool: 46
_{Number of units the manager is authorised to manage.}

Owner Occupiers: 0
_{Number of units resided in by their owners.}

Lock Ups: 0
_{Number of units owners are not renting out, but also do not live in.}

Outside Agents: 0
_{Number of units being rented by other agents (these could potentially be acquired by the manager).}

Units In Complex: TBC
_{The total number of units within the complex.}

Caretaking

Remuneration: $ 105,000
_{This is the body corporate caretaker salary. It is included in the Net Income above.}

Agreement Term: 25 years
_{How long is the caretaking contract.}

Agreement Remaining: 22 years
_{How long remains on the caretaking contract before it must be renewed?}

Agreement Age: 4 years
_{How long has the management rights existed.}

Office Hours: None
_{Required Office Hours}

Complex Features:

Real Estate Component

Manager's Unit: 4 2

Included Real Estate: $ 650,000
_{The value of on-title property included with the business. Its price is included in the Total Purchase Price.}

Manager's Car Spaces: 2

Office On Title: 1
_{Is there a manager's office included on the title?}

Pets: Yes
_{Can the manager own a pet on site?}

Unit Features: Managers Unit + Stand Alone Office Fully Equipped \\\\\\\\\\\\$650,000Spacious 4 beds 2 bath with DLUG + 2 Car Parks Quality finishes including engineered flooring, stone bench tops and European appliances.