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Overview
This listing offers a management rights business coupled with an attached manager's residence, presenting a lucrative long-term investment opportunity in the highly sought-after southern district of Brisbane. The business boasts a reliable and secure income stream, with around two-thirds of its revenue coming directly from remuneration and net profit, demonstrating a stable financial foundation important for buyer confidence.
The business secures a net profit of $325,987 annually, which includes remuneration adjusted yearly in line with inflation, alongside income from letting pool commissions and service charges. This structured revenue mix suggests steady cash flow and growth potential, particularly appealing to investors seeking a low-stress management environment. Notably, the agreement has over 19 years remaining, ensuring continuity and simplified operational oversight within a cooperative committee setting.
The manager’s residence complements the business, featuring a double-storey townhouse situated on a compact 139sqm lot. The home includes three bedrooms, two and a half bathrooms, an office space, and a double garage, providing comfortable and functional living for an onsite manager while also allowing the flexibility of no mandated onsite office hours or residency requirements. This setup enables a balanced lifestyle without the traditional constraints of management roles.
- The property lies within the Warrigal Road State School and Runcorn State High School catchments, enhancing its appeal for families or long-term residents.
- Conveniently positioned close to major transport routes (M1, M2, M3) and shopping precincts such as Eight Mile Plains and Garden City Westfield, it offers lifestyle ease and accessibility.
With a total sales price of $2,783,785, comprising the business at nearly $1.9 million and the manager’s unit priced at $899,000, this package is positioned for buyers seeking a secure, well-structured management rights investment with residential accommodation integrated into a favorable location.
Local Market Insights
In Eight Mile Plains, Quiet Listings observed 18 new townhouses entering the market over the last 30 days, up from 12 during the previous 30-day period, with an average advertised asking price of $764,722. The property type mix of listed properties is predominantly Houses at 37%, followed by townhouses (31%), and commercial properties (12%). Ray White was the most active agency in this area, representing 63.5% of all new listings in the last 30 days. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
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
Eight Mile Plains QLD 4113
Market Insights for Eight Mile Plains QLD 4113
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