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Low-Maintenance, Caretaking only in Prime inner-city fringe Location | Resort Brokers ID : MRC008739
$230,000
Permanent Management Rights, Toowong QLD
ResortBrokers presents a rare caretaking-only management rights opportunity in the heart of Toowong. Built in 2013, this boutique complex features 36 modern apartments and a simple workload easily managed by one personperfect for first-time buyers or experienced operators looking to scale.
- $49,454 Body Corporate salary with minimal duties
- Brand new 10-year standard module agreement
- No set office hours or requirement to live onsite
- Significant upside with 20+ rentals currently managed externally
-Positioned just steps from Toowong Village. UQ, schools, cafes, and major transport options
- Inspections by appointment only
This is a life-style friendly, income-generating business in one of Brisbane's most desirable suburbs.
Contact Jeff today to arrange an inspection - opportunities like this don't last long. Date updated: 22 Jun 2025 23:00:03
More Information
- Total Purchase Price: $230,000
- Net Income: $ 49,545
(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