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  • management rights Townsville
  • management rights Townsville
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  • management rights Townsville
  • management rights Townsville
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Townsville Permanent Management Rights Business - Flexible Lifestyle Opportunity

$1,055,000

Permanent management rights, Wulguru QLD

Hotel Resort Sales is pleased to present this well-established and efficiently structured permanent management rights business located in the thriving regional centre of Townsville. With a proven system allowing for remote management and low onsite hours, this opportunity will strongly appeal to buyers seeking flexibility and lifestyle balance.

The current owner has successfully owned and operated the business for 14 years. For the first nine years, the owner resided onsite and undertook all duties. Over the past five years, however, the operation has transitioned to a successful remote management model, with the owner now based on the Sunshine Coast.

With NO set office hours, a body corporate approved representative handles limited onsite physical duties including lawn maintenance, stairwell cleaning, and pool care. All key operational aspects of the business including administration, letting, owner and tenant communication, accounts, compliance, trade coordination and general management are managed remotely by the owner.

This boutique, low-maintenance complex comprises 56 lots in total, with 20 units currently in the permanent management letting pool. With minimal facilities including a pool, spa, and limited gardening requirements, the caretaking role is straightforward and easy to manage.

The two-bedroom, two-bathroom, 3 car space managers residence is currently rented to the onsite nominee on a periodic lease, providing excellent flexibility for an incoming purchaser who may wish to either continue renting the unit for additional income or move onsite. In addition, there is also an extremely spacious stand-alone office plus large shed on title.

The Body Corporate remuneration is exceptionally strong at over $106,000 per annum, and when combined with 22 years remaining on the agreement, a supportive Body Corporate committee and cooperative owners, this represents an outstanding and secure management rights business opportunity.

Conveniently located just minutes from key amenities including Fairfield Waters Shopping Centre and Annandale Central Shopping Centre, the property also offers easy access to schools, parks and public transport. Major employment hubs such as Lavarack Barracks, Townsville University Hospital and James Cook University are all within a short drive.

This business has been deliberately structured to operate with low hours, flexibility, and remote capability, making it an attractive opportunity for buyers seeking a scalable and lifestyle-friendly management rights operation.

Call Rebecca for further information or to arrange an inspection.

Net Profit: $143,565

Property Code: 113

More Information

Financial Overview

  • Total Purchase Price: $1,055,000
  • Net Income: $ 143,565 (actual)
    This is the combined total income acheived by the business after expenses, before tax.
  • Included Real Estate: $ 595,000
    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: 20
    Number of units the manager is authorised to manage.
  • Owner Occupiers: 27
    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: 8
    Number of units being rented by other agents (these could potentially be acquired by the manager).
  • Units In Complex: 56
    The total number of units within the complex.
  • Caretaking

  • Remuneration: $ 106,692
    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: 22 years
    How long remains on the caretaking contract before it must be renewed?
  • Agreement Age: 18 years
    How long has the management rights existed.
  • Office Hours: No Set Office Hours
    Required Office Hours
  • Complex Features: Gated complex with Pool and Spa
  • Real Estate Component

  • Manager's Unit:   2 2
  • Included Real Estate: $ 595,000
    The value of on-title property included with the business. Its price is included in the Total Purchase Price.
  • Manager's Car Spaces: 3
  • 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: 2 Bed, 2 Bath, 3 Car Spaces
  • Listing Agent Contact Details

    %2Fusers%2Flogo_7568335%2F1.jpg Click here to view full profile for: Hotel Resort Sales

    Portrait

    Rebecca Johnson

    Office : 1300 946 ...
    Mobile : 1300 946 9210455 445 ...

    Hotel Resort Sales

    http://www.hotelresortsales.com.au


    Send an Email:

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    • Property ID: 21171344
    • Broker's Ref:
    • =7568335
    • Last Update: 2 days ago.
    • Listing Type: Permanent
    • Price: $1,055,000
    • Wulguru, QLD

    Agent Details

    %2Fusers%2Flogo_7568335%2F1.jpg Click here to view full profile for: Hotel Resort Sales

    Portrait

    Rebecca Johnson

    Office : 1300 946 ...
    Mobile : 1300 946 9210455 445 ...

    Hotel Resort Sales

    http://www.hotelresortsales.com.au


    Send an Email:


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