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Management Rights: Permanent

Strathpine, QLD : $1,750,000

Last update: 04 July 2025.
ThePropertyManager ID 21156503
REF:
Financial Data
Listing Status under offer
Price $1,750,000
Net Income (explanation) $ 222,000 (actual)
Remuneration (explanation) $ 192,303
Complex Specifics
Location (Read Suburb Profile) Strathpine QLD, 4500
Complex Features
  • No Facilities;
    		•
    Manager`s Realestate
    Manager`s Bedrooms 3
    Manager`s Unit Features
  • All units in the complex are two-bedroom villa with a single lock-up garage. The manager’s unit is unique;
  • it consists of the standard two-bedroom layout;
  • plus an additional one-bedroom unit and a second single lock-up garage. There is no requirement for the manager to be onsite. The two-bedroom portion can be rented out;
  • while still keep the one-bedroom unit and second garage can be retained for office use if preferred.;
    		•
    Office Hours no set office hour
    Pets Allowed? 1
    Manager's Realestate Value $ 650,000
    Letting Rights
    Agreement Term 25 years
    Agreement Remaining 22 years
    Units in Letting Pool 20
    Outside Agents 2

    High Rumination, 22 years, NO onsite

    This is an exceptional opportunity to acquire a well-established and tightly held management rights business in the heart of Strathpine. First time on the market in 12 years.

    Positioned in a highly convenient location, this complex offers unbeatable lifestyle and business advantages. Residents enjoy easy access to Strathpine Centre, local cafes, medical services, quality schools, and parklands. Public transport is a breeze, with Strathpine train station just minutes away, and excellent road connections to the Bruce Highway and Brisbane CBD.

    Business Highlights:
    - Long agreement of 22+ years remaining on agreements
    - Remuneration covers approx. 87% of total income to offer exceptional stability and reliability
    - All units are two-bedroom with single lock-up garage, easy to find the tenants
    - Unique manager’s unit: standard 2-bedroom layout plus an additional 1-bedroom and second garage, ideal for office use or flexible rental setup
    - No requirement to live onsite, extra manager unit rental income to boost the return on the investment and provide the flexibility for some existing business owners or even first time buyers who prefers to live offsite
    - Low ratio of letting pool to increase the opportunity for extra lettings or lower the risk for the unit sales transaction
    - Big potential to increase the income for acting the sales agent for current owners occupied
    - NO gate and facilities to make the maintenance much easier.

    This is a rock-solid, low-risk management rights business, it's perfect for a couple, semi-retiree or first-time operator looking for a secure income stream with lifestyle flexibility.

    Don’t miss this rare offering in a sought after Brisbane growth corridor. Contact exclusive agent, Celine today for a full information pack or to arrange your inspection.

    REF:


    Call Celine Tseng on: 0423566566
    office: 0423 566 566

    Email Celine Tseng

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