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Low Maintenance Townhouse MR Opportunity - High Net Profit in Booming Northside | Resort Brokers ID : MR008816
$2,850,000
Permanent Management Rights, STRATHPINE QLD
ResortBrokers is delighted to bring to market two high-performing management rights businesses, located just minutes apart.
Comprising 114 lots with 94 in the letting pool, these businesses generate a combined net profit exceeding $408,000 and a body corporate salary of over $154,300. Both offer long-term security with 21 and 20 years remaining on Accommodation Module agreements, manageable caretaking duties, and no set office hours. The managers residence is a spacious three-bedroom townhouse.
Strong rental demand and further upside potential make this an attractive business opportunity for both new and experienced buyers.
- Strong Net profit exceeding $408,000
- Body Corporate salary of over $154,000 per annum, CPI indexed
- Long-term security with 21 and 20 years remaining on agreements
- No set office hours with a requirement to reside onsite at one complex
- High-growth area, ensuring consistent income
- Manageable caretaking - low-maintenance gardens
- Prime north Brisbane location near shops, cafes, and restaurants
- Inspections are by appointment only
Date updated: 17 Jul 2025 23:00:02
More Information
- Total Purchase Price: $2,850,000
- Net Income: $ 408,480
(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.
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?