Management Rights for sale, Townsville
Permanent Management Rights for Sale in West End, QLD — 3.7x Multiplier
Key facts
- Price
- 3.7x Multiplier
- Location
- West End, QLD 4810
- Type
- Permanent Management Rights
- Net income
- $250,000 (actual)
- Caretaking remuneration
- $164,000
- Units in letting pool
- 38
- Total units in complex
- 84
- Agreement term (years)
- 25
- Agreement remaining (years)
- 23
- Office hours
- no set office hours
- Bedrooms
- 3
- Bathrooms
- 2
- Car spaces
- 1
- Listed by
- WESTEND ON HENRY PROPERTY MANAGEMENT
- Listing ID
- 21135566
- Last updated
- 2026-07-10
Description
Permanent management rights business for sale. Asking price is $925,000 (for business), or $1,615,000 for both business and manager unit.
Stable and heathy business in the current caretaker hands for 9 years now.
Multiplier is set to 3.7. The actual net income figure can be based on most recent quarter figures.
The property management business currently has 38 managed rental properties, with 29 inside the complex, 9 outside.
The caretaker side business: current annual salary is $164K+GST, and reviewed by CPI every year. All tools are provided by BC, with latest Stihl battery powered tools and John Deere ride on mower. The very supportive BC manager and Committee is a pleasure to work with.
The sales commission income is not part of the net income, it can be your extra income source with the growing letting pool basis.
It will be an ideal business for who are enjoying the tropical climate, flexible work/life style.
Current caretaker will provide full training. If you want to be handsfree in the first year, current operator can continue to work on a salary.
Feel free to contact the list agent who is the business owner himself.
Stable and heathy business in the current caretaker hands for 9 years now.
Multiplier is set to 3.7. The actual net income figure can be based on most recent quarter figures.
The property management business currently has 38 managed rental properties, with 29 inside the complex, 9 outside.
The caretaker side business: current annual salary is $164K+GST, and reviewed by CPI every year. All tools are provided by BC, with latest Stihl battery powered tools and John Deere ride on mower. The very supportive BC manager and Committee is a pleasure to work with.
The sales commission income is not part of the net income, it can be your extra income source with the growing letting pool basis.
It will be an ideal business for who are enjoying the tropical climate, flexible work/life style.
Current caretaker will provide full training. If you want to be handsfree in the first year, current operator can continue to work on a salary.
Feel free to contact the list agent who is the business owner himself.