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Sought-After Off The Plan Complex - Netting over $200,000 | Resort Brokers ID : MRB008979
$940,000
Permanent Management Rights, LABRADOR QLD
ResortBrokers presents to market an excellent opportunity to acquire a business-only management rights in a premium, off-the-plan gated complex at 103 Olsen Avenue. Comprising 42 high-spec townhouses with a projected letting pool of 30, this asset features a new 25-year Accommodation Module, strong body corporate salary, and projected net profit exceeding $200,000. Minimal facilities ensure low maintenance, while proximity to retail, schools, and transport drives rental demand. No real estate purchase required, making this a secure, scalable business in sought-after Labrador.
- Premium off-the-plan gated townhouse complex near major retail and shopping hubs
- High-end, newly developed gate townhouse community
- Brand new 25-year Accommodation Module for maximum tenure security
- Strong letting pool with 30 of 42 lots under management
- Attractive body corporate salary of $67,000 plus GST
- Projected net profit exceeding $200,000
- Low-maintenance facilites including pool, pool lounge, and barbecue area
- No requirment to purchase real estate
- Inspections are by appointment only
Date updated: 11 Nov 2025 22:00:02
More Information
- Total Purchase Price: $940,000
- Net Income: $ 200,000
(projected)
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