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Moreton Bay, QLD

$3,341,000

Townhouse 3 beds 2 baths 2 cars 217 m²
Listed: 16 days ago
Updated: 15 days ago
Overview

This permanent management rights business offers significant benefits with a net profit of $492,153 and a stable income structure supported by 49 long-term rental units out of a total 215 units in the complex. The management salary represents 77% of the total income, providing a highly secure and low-risk revenue stream. The operation is flexible with no fixed office hours, and the body corporate arranges for pool water maintenance, reducing the manager's onsite duties.

The manager's residence is a premium setup featuring a spacious villa layout with three bedrooms, two bathrooms, and a separate office space. The property includes a double garage and two reserved parking spots, further complemented by solar power facilities. The residence is situated on a generous land parcel of 217 square meters, enhancing privacy and outdoor utility.

The total purchase price for this investment is $3,341,000, which includes $2,620,000 for the business and $880,000 for the manager’s unit. The price is negotiable to allow for flexibility in investment terms.

Operating this business provides an opportunity to own a secure and well-established management rights business in a complex with a substantial number of units, ensuring continual income potential. The arrangement promotes a healthy work-life balance with the absence of office hours and onsite duties such as pool maintenance handled externally.

Potential purchasers should conduct their own investigations and due diligence regarding the financial figures and legal documentation as the information provided is sourced from the vendor and has not been independently verified. Despite this, the offering represents a rare opportunity in the market for a permanent management rights investment with established income and living quarters included.

In summary, this permanent township management rights business combines a solid net profit, strong remuneration structure, flexible operation, and quality onsite residence making it ideal for investors or managers seeking a balanced and stable property management business.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.

Location

Moreton Bay QLD

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