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Multiplier 4.37 | No Live-Onsite & No Office Hours | 80% Wage Share | Eastern Suburbs | 23-Year Management Rights Business for Sale
$1,290,000
Permanent management rights, Wynnum West QLD
Business Highlights
Stable Agreement | 23-Year Term
-Agreement successfully topped up last year, now offering over 23 years remaining
-Healthy, well-maintained complex with light management responsibilitiesideal for long-term ownership
Flexible Operation | No Constraints
-No Live-Onsite Requirement
-No Fixed Office Hours
-Exceptional work-life flexibility and autonomy
Managers Residence | Premium Setup
-Spacious townhouse featuring 3 bedrooms, 2.5 bathrooms, 2 living rooms, 1 garage, 2 driveway car parks, and a separate office
-Generous internal area of 185 sqm
-Access to tennis court and swimming pool walkable to local shopping centre, schools, and parks
-Asking price: $825,000
Stable Income Structure
-Net after-tax salary: $85,335/year, with annual CPI increases
-Salary comprises 80% of total income, ensuring highly stable and low-risk revenue
-Managing 6 long-term rental units, generating $19,659/year
-Total annual net profit: $106,355
Easy Maintenance
-Minimal lawn space and low landscaping requirements
-Effortless managementideal for individual operators or couple teams
Sale Price & Investment Summary
Item Amount
Business Price $465,000
Managers Residence $825,000
Total Price $1,290,000
More Information
- Total Purchase Price: $1,290,000
- Net Income: $ 106,355
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 825,000
The value of on-title property included with the business. Its price is included in the Total Purchase Price. - Multiplier: 4.4
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?