Proudly supported by all of the industry's leading brokers
Profit Meets Freedom&Lifestyle
MR $1.05m + UNIT $828k = $1.87M
Permanent Management Rights, RICHLANDS QLD
Ras360 proudly presents an exceptional 72-unit management rights opportunitya modern, high-quality complex purpose-built for operators who value simplicity, flexibility, and a streamlined day-to-day rhythm. This is a rare set-and-run business that delivers both financial confidence and incredible lifestyle appeal. Backed by long agreements running through to 2047 and a reliable CPI-indexed caretaking salary, the operation boasts a solid, verified net profit of $216,288 at an attractive low multiple of 4.85x.
What truly sets this opportunity apart is the freedom it offers. With absolutely no mandated office hours, incoming managers can design their own schedules, making it perfect for those seeking more family time, transitioning into semi-retirement, or managing other income streams alongside a stable operation. The caretaking component is intentionally light and highly manageable, requiring only six to eight hours of gardening per week alongside routine inspections and standard facility oversight. There is no constant or always-on pressure here; the workload is straightforward, and much of the role is seamlessly completed simply by moving through the complex and ensuring daily operations run smoothly.
Onsite living further enhances this convenience without compromising on space or comfort. The managers residence is a generous three-bedroom, two-bathroom home featuring a dedicated office, an additional utility room, and two car parks. It is ideally positioned for quick access to common areas, allowing you to easily respond to requests, meet contractors, and manage the property from the comfort of home. Constructed in 2017, the complex remains in excellent, contemporary condition and is fully supported by a proactive Body Corporate with highly effective systems and processes already firmly in place.
Ras360 Specialists in Management Rights | Motels | Hotels | Pubs | Parks
More Information
- Total Purchase Price: MR $1.05m + UNIT $828k = $1.87M
- Net Income: $ 216,288
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 828,000
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.
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
The value of on-title property included with the business. Its price is included in the Total Purchase Price.
Is there a manager's office included on the title?
Can the manager own a pet on site?