Business-Only Duo | 70% Salary Income | $140,679 Net | No Real Estate Purchase | Resort Brokers ID : MRB009415
Permanent Management Rights for Sale in Taringa, QLD — $730,000
Key facts
- Price
- $730,000
- Location
- Taringa, QLD 4068
- Type
- Permanent Management Rights
- Net income
- $140,679 (actual)
- Units in letting pool
- 16
- Total units in complex
- 69
- Agreement term (years)
- 25
- Agreement remaining (years)
- 20
- Office hours
- No fixed office hours
- Listed by
- Resort Brokers
- Listing ID
- 21203790
- Last updated
- 2026-11-01
Description
ResortBrokers presents an attractive duo of business-only management rights across two well-maintained residential complexes in high-demand rental suburbs, comprising 69 apartments and generating a net profit of $140,679.<br />
<br />
With approximately 70% of income derived from body corporate salary, this established operation offers an appealing return without the significant capital outlay associated with purchasing real estate.<br />
<br />
There is further potential to increase revenue through letting pool expansion, while retaining relatively light caretaking responsibilities.<br />
<br />
Designed for ease of operation, the businesses offer flexible working arrangements with no set office hours, and only one BBQ to maintain (no other common facilities).<br />
<br />
This makes the duo an excellent option for first-time management rights buyers or experienced operators looking to expand their existing portfolio.<br />
<br />
<br />
- Body corporate salary comprises 70% of total income, providing stable, predictable revenue.<br />
- Business-only structure requires no manager's unit purchase and no onsite residence.<br />
- Minimal operational demands with no set office hours enable remote management or portfolio integration.<br />
- Accommodation module agreements with 20 years remaining.<br />
- Located in a high-demand rental suburbs.<br />
- Light caretaking duties with subcontractors managing minimal gardening and common area cleaning.<br />
- No set office hours, flexible operation suits portfolio addition or stand-alone business for first-time buyers.<br />
- Inspection by appointment only.<br />
Date updated: 01 Nov 2026 23:00:09
<br />
With approximately 70% of income derived from body corporate salary, this established operation offers an appealing return without the significant capital outlay associated with purchasing real estate.<br />
<br />
There is further potential to increase revenue through letting pool expansion, while retaining relatively light caretaking responsibilities.<br />
<br />
Designed for ease of operation, the businesses offer flexible working arrangements with no set office hours, and only one BBQ to maintain (no other common facilities).<br />
<br />
This makes the duo an excellent option for first-time management rights buyers or experienced operators looking to expand their existing portfolio.<br />
<br />
<br />
- Body corporate salary comprises 70% of total income, providing stable, predictable revenue.<br />
- Business-only structure requires no manager's unit purchase and no onsite residence.<br />
- Minimal operational demands with no set office hours enable remote management or portfolio integration.<br />
- Accommodation module agreements with 20 years remaining.<br />
- Located in a high-demand rental suburbs.<br />
- Light caretaking duties with subcontractors managing minimal gardening and common area cleaning.<br />
- No set office hours, flexible operation suits portfolio addition or stand-alone business for first-time buyers.<br />
- Inspection by appointment only.<br />
Date updated: 01 Nov 2026 23:00:09