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OTP MR Opportunity in desirable Seven Hills
$620,000 - Business Only
Permanent Management Rights, SEVEN HILLS QLD
Clearview North, South & West 3 Complexes (3 Body Corporates) | 2 Future Stages Planned
An exceptional opportunity to secure Off-the-Plan Management Rights in Brisbanes sought-after inner-east. This offering spans three brand-new residential complexes comprising a total of 175 units, set within a master-planned development that includes two further stages still to come.
Situated just 6km from Brisbane CBD, Seven Hills is a tightly held suburb known for its leafy surrounds, top-rated schools, bushland reserves and strong rental demand making this a smart investment and lifestyle choice.
Key Features
- 175 Units Across 3 Complexes
- A mix of residential apartments and townhouses, including 25 units currently under management providing immediate income and strong potential for future growth.
Three Separate Body Corporates
- Three individual agreements covering Clearview North, South and West offering operational flexibility and potential for future separate sales.
25-Year Accommodation Modules
- Long-term security providing a solid foundation to build a stable and scalable business in a premium inner-city location.
Current Annual Income: $276,202*
- A reliable income stream with excellent scope for growth as occupancy increases and future stages are delivered.
Office Hours (Including Onsite Duties)
- Set hours apply: Monday to Friday, 9am5pm and Saturday, 9am12pm. These hours include time spent working across the complexes, attending to caretaking duties and tenant needsnot solely time in the onsite office. This allows for a flexible but structured operational approach.
Exclusive Use Office & Multiple Storerooms
- A large, centrally located onsite office and storeroom offer a secure, dedicated space for daily operations, tools, and supplies.
Real Estate Opportunity
- With more than 20 sales averaging $1 million in the past 12 months, this is a prime platform to grow your real estate sales business from the onsite office.
Attractive Entry Price: $620,000
- Recently reduced to allow for the cost of outsourcing gardening and cleaning services expenses which are not currently reflected in the P&L.
Why Seven Hills?
- Only 6km from Brisbane CBD
- Surrounded by parklands and the Seven Hills Bushland Reserve
- Excellent schools and a family-friendly community
- Well-connected to major transport routes and retail hubs
This is a rare opportunity to enter a high-growth development in one of Brisbanes most desirable inner-east suburbs. Perfect for an experienced operator or a motivated first-time buyer seeking long-term upside in a premium location.
RAS360 Specialists in Management Rights | Motels | Hotels | Pubs | Parks
For further information or to arrange a private inspection, contact us today.
More Information
- Total Purchase Price: $620,000 - Business Only
- Net Income: $ 276,202
(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