$186,354 Net & 4 Bed Freestanding House – Brisbane Northside - ID 9217

Permanent Management Rights For Sale
Simple Duties & Almost 25 Years Full Term

• This business features a very strong and secure Body Corporate salary of $102,787 plus GST, with annual CPI increases.
• All permanent letting only – letting pool of 32 units, with 11 units currently managed by outside agents, offering clear upside potential.
• Simple caretaking duties requiring only a few hours per week, providing excellent flexibility and lifestyle balance.
• Strong net operating profit of $186,354.
• Long-term 25-year agreements with over 24 years remaining — virtually the full term.
• A spacious and well-presented two-level freestanding house featuring 4 bedrooms, 2.5 bathrooms, and a double garage.
• Large, professional on-title office.
• Low multiplier of only 4.23 for a Brisbane Northside opportunity.
• Superior and highly convenient location close to all amenities.

This easy-to-manage management rights business, combined with a large double story four-bedroom manager’s freestanding residence in one of Brisbane’s most popular northside locations, represents a rare and highly attractive opportunity that will not last long.

Net Profit: $186,354
Asking Price: $1,588,000
(Inclusive of Manager's Real Estate)

For further information or to arrange an inspection of this Brisbane Management Rights business for sale contact:

Management Rights Broker
Bill He

Property Code: 1099

For more details, please email broker or call agents.