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Rare Dual-Complex Management Rightsâ Strong Income&Flexibility
$570,000 - Business Only
Permanent Management Rights, LUTWYCHE QLD
Rare Dual-Complex Management Rights Strong Income & Flexibility
Seize this exceptional opportunity to acquire the management rights to two well-positioned complexes in Brisbanes high-demand inner north, located in Lutwyche and Albion.
Total Units: 50 across both complexes, with 26 in the letting pool
Annual Net Income: $123,184 Exceptional ROI 21.61%
Agreements: 17 years remaining on the Lutwyche complex, with extended terms for the Albion Complex
No Real Estate Purchase Required
Inspection: By appointment only
Enjoy a steady, profitable income stream with low-maintenance grounds and a strong letting pool return. With no fixed office hours and no real estate purchase required, this business offers outstanding flexibility and low upfront costs. Lutwyche complex also includes a small onsite office if required.
This genuine sale is part of a larger groups divestment strategy, making it a rare chance for savvy investors or experienced operators to secure a well-managed, easily scalable business in a premium Brisbane location.
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More Information
- Total Purchase Price: $570,000 - Business Only
- Net Income: $ 123,184
(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