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No Office Hours & No Requirement To Live Onsite
$500,000
Permanent management rights, Kallangur QLD
Permanent Management Rights For Sale
- No Office Hours Enjoy complete flexibility with no fixed schedule or onsite supervision required.
- No Requirement to Live Onsite Operate remotely and maintain personal lifestyle preferences (no real estate to purchase).
- Single Body Corporate / Committee Streamlined communication and easy management with one decision-making group.
- Low-Maintenance Grounds Includes a garden shed and communal BBQ area, keeping upkeep simple and efficient.
- Long-Term Security 21 years remaining on the caretaking agreement (as of April AGM), offering excellent business stability
- Flexible & Lifestyle-Friendly Ideal for solo operators, couples, or as an add-on to an existing portfolio
- Strong Net Profit $105,000 for the period 1 May 2024 to 30 April 2025
- Reliable Income Stream Includes an annual Body Corporate salary of $38,417 + GST
The business manages three well-maintained townhouse complexes, all constructed in 2012 and operating under a single Community Title Scheme (CTS), ensuring operational simplicity and administrative efficiency. The properties are modern, low-maintenance, and designed to minimise the day-to-day workload, making this business particularly attractive for solo operators or couples seeking a flexible and low stress role.
Net Profit: $105,000
Asking Price: $500,000
More Information
- Total Purchase Price: $500,000
- Net Income: $ 105,000
(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: 4.8
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