Proudly supported by all of the industry's leading brokers
Dual Complex MLR Goldmine - $324K Profit, Zero Levies, No Unit!
$324K Net @ $2.1m - Business Only
Permanent Management Rights, TAIGUM QLD
Dual Complex MLR Goldmine - $324K Profit, Zero Levies, No Unit!
Unlock freedom, flexibility, and serious cashflow with this rare business-only management rights opportunity. Spanning two side-by-side townhouse complexes, this high-performing setup delivers a whopping $323,957 p.a. net profit from 39 permanent rentals (22 + 17 in the letting pool) all without buying a managers unit, paying levies, or keeping office hours.
- Zero Office Hours
- No Live-Onsite Requirement
- No Unit to Purchase Business Only
- Topped-Up Agreements 19 & 25 Years Left
Resort-style perks like a sparkling pool and BBQ area boost rental demand, while the absence of gyms, lifts, or courts keeps your caretaking workload minimal. Perfect for part-time operators or remote management.
Prime Taigum Location:
- Walk to Taigum Village, close to Westfield Chermside
- Easy access to Gympie Rd, Bruce Highway, and NorthSouth Bypass
- Close to top schools (Taigum State, Sandgate High, quality private colleges)
- Parks, buses, shops, cafs, and cinemas all nearby
**Ras360 Property Solutions Specialists in Management Rights | Motels | Hotels | Pubs | Parks**
More Information
- Total Purchase Price: $324K Net @ $2.1m - Business Only
- Net Income: $ 323,957
(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