Exceptional Management Rights in High-Growth Suburb | Resort Brokers ID : MR008729

$2,660,000

Permanent Management Rights, REDBANK PLAINS QLD

An outstanding opportunity to acquire the management rights to a well-established and highly sought-after residential complex in one of Queenslands fastest-growing suburbs. With strong rental demand, streamlined operations, and a long-term agreement in place, this investment offers excellent returns and lifestyle flexibility.

This is a rare chance to secure a high-yielding, low-hassle investment

- High net profit of $372,173
- Excellent BC Salary over 142k
- No set office hours
- 24 years remaining on the agreements
- Strong letting pool; 84 out of 95 townhouses under management
- Consistently stable letting pool - over 70% self-managed superfund investors
- Experienced manager willing to stay working in the business if desired
- Manageable caretaking duties with low-maintenance gardens
- Premium manager's residence: spacious four-bedroom standalone townhouse featuring a dedicated on-site office attached
- Excellent working relationship with the committee
- Walking distance to cafes, restaurants, schools, childcareand shopping centre
- Inspections are by appointment only

Call Jeff or Jessie today to make an inspection! Date updated: 14 May 2025 23:00:01

More Information

Financial Overview

Total Purchase Price: $2,660,000
Net Income: $ 372,173 (actual)
_{This is the combined total income acheived by the business after expenses, before tax.}
Included Real Estate: $ 650,000
_{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.}

Letting Business

Letting Pool: 84
_{Number of units the manager is authorised to manage.}

Owner Occupiers: 10
_{Number of units resided in by their owners.}

Lock Ups: 0
_{Number of units owners are not renting out, but also do not live in.}

Outside Agents: 0
_{Number of units being rented by other agents (these could potentially be acquired by the manager).}

Units In Complex: 95
_{The total number of units within the complex.}

Caretaking

Remuneration: $ 142,655
_{This is the body corporate caretaker salary. It is included in the Net Income above.}

Agreement Term: 25 years
_{How long is the caretaking contract.}

Agreement Remaining: 24 years
_{How long remains on the caretaking contract before it must be renewed?}

Agreement Age: 0 years
_{How long has the management rights existed.}

Office Hours: None Set
_{Required Office Hours}

Complex Features:

Real Estate Component

Manager's Unit: 4 2

Included Real Estate: $ 650,000
_{The value of on-title property included with the business. Its price is included in the Total Purchase Price.}

Manager's Car Spaces: 2

Office On Title: 1
_{Is there a manager's office included on the title?}

Pets: yes
_{Can the manager own a pet on site?}

Unit Features: Premium Managerâs Residence: Spacious 4-bedroom standalone townhouse featuring a dedicated on-site office attached. The managerâs unit, valued at $650,000 and included in the sale, is a spacious and modern 4-bedroom stand-alone townhouse. Thoughtfully designed for both comfort and functionality, it features multiple living areas, a generous on-site office, air conditioning throughout, and a double lock-up garage. The private backyard and covered patio offer plenty of space for outdoor living and relaxation, making it an ideal home base for the on-site manager