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Low Maintenance Business Only in a Booming Location | Resort Brokers ID : MRB008695
$487,318
Permanent Management Rights, GRIFFIN QLD
ResortBrokers presents a standout opportunity to acquire a business-only management rights operation in the rapidly expanding Griffin corridor. Completed in 2024 by renowned developer Phil Usher, the boutique complex includes 22 modern townhousesall in the onsite letting pooldelivering a net profit over $93,715.
The majority of the lots are owned by long-term superfund investors, reinforcing the investment stability. Supported by a 24-year accommodation module and minimal caretaking duties, this low-maintenance business offers excellent flexibility with no office hours, no requirement to live onsite.
Ideal for an experienced operator or first-time buyer, this is a rare chance to secure a highly attractive, business-only management rights venture in a thriving region, promising steady growth and an appealing return on investment. Dont miss out on this exceptional opportunity.
- Business only net profit $93,715
- No set office hours or onsite living required
- Body Corporate salary of $27,192
- Simple caretaking - No facilities - No pool or barbecue
- Low maintenance gardens
- Stable letting pool - majority SMSF investors
- All commitee members are offsite
- Located in a rapidly growing area
- Inspections by appointment only
Date updated: 15 Apr 2025 23:00:02
More Information
- Total Purchase Price: $487,318
- Net Income: $ 93,715
(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