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NEAR NEW BUSINESS-ONLY MANAGEMENT RIGHTS - $155k NET PROFIT - NO FACILITIES | Resort Brokers ID : MRB009068
$824,764
Permanent Management Rights, VICTORIA POINT QLD
Recently established business-only management rights opportunity within a modern townhouse complex in the highly desirable bayside suburb of Victoria Point.
Completed in March 2023, the scheme comprises 34 townhouses, with 30 lots in the letting pool. The business generates a net profit exceeding $155,000 and is supported by a body corporate salary of $39,545, indexed annually at CPI or 3.5% whichever is greater. Approximately 23 years remain on the Accommodation Module agreements.
The complex has no shared facilities such as pools or gyms, no set office hours, and no requirement to own real estate or reside onsite. The business is operated by a single person with established systems in place and very manageable caretaking duties.
Victoria Point is a well-established bayside market with strong demand for permanent rentals, supported by local schools, shopping amenities, and reliable public transport.
This opportunity will suit existing operators in the area, as well as newcomers seeking straightforward, business-only management rights in a highly desirable bayside location.
Contact Jeff today to arrange an inspection.
- Solid Net profit exceeding $155,000
- No office hours
- Body corporate salary of $39,545, indexed at CPI or 3.5% whichever is greater
- 23 years remaining on the agreement
- No facilities to manage - straightforward caretaking duties
- Strong rental demand location
- Close proximity to schools, shopping amenities, and public transport
- Inspections by appointment only
Date updated: 17 Mar 2026 22:00:01
More Information
- Total Purchase Price: $824,764
- Net Income: $ 155,616
(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