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No Common Facilities or Office Hoursâ $97k Net MLR in Top Sunnybank Hills School Catchment!
SHSS Catchment - $451K MR + $699K UNIT = TOTAL $1.15m
Permanent Management Rights, SUNNYBANK HILLS QLD
No Common Facilities or Office Hours $97k Net MLR in Top Sunnybank Hills School Catchment!
Nestled in the Sunnybank Hills Primary School zoneBrisbanes top 1% highest-rated education catchment this management rights business guarantees strong family appeal.
Just steps from Sunnybank Hills Shoppingtowns cafs, specialty grocers and weekend markets, and only minutes from Calamvale Central and Sunny Park Shopping Centre, residents enjoy unparalleled shopping and dining options. Frequent bus routes along Hellawell Road and quick access to the Pacific Motorway place Brisbane CBD and the Gold Coast within comfortable commuting distance, while nearby parks and walking trails offer a leafy escape.
This opportunity generates a net profit of $96,666 per annum, complemented by a body corporate salary of $60,919, all secured under a caretaking agreement with 20 years remaining, ensuring long-term financial stability . With zero common facilitiesno pool, BBQ, gym or courtsmaintenance and overheads are minimal, allowing you to focus on driving revenue. An established letting pool of 15 units presents immediate upside, with clear scope to expand commission income by incorporating additional properties. Complete flexibility comes with no required office hours or on-site residency (the managers townhouse is currently rented at $600/w), and only light gardening duties are needed. The package includes the managers 3-bed, 2-bath townhouse valued at $698,800, making it a turnkey entry into the business.
Why its a steal:
- Low Multiple: 4.67 net profit
- Top 1% School Zone: unmatched catchment appeal
- Easy Operations: minimal facilities & duties
- Growth Ready: expand the letting pool
- Total Flexibility: live off-site, set your own hours
**Ras360 Specialists in Management Rights | Motels | Hotels | Pubs | Parks**
More Information
- Total Purchase Price: SHSS Catchment - $451K MR + $699K UNIT = TOTAL $1.15m
- Net Income: $ 96,666
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 698,000
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?