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Low-Maintenance Caretaking MLR: High Returns in Inner Brisbane South!
$205k - Business Only
Permanent Management Rights, ANNERLEY QLD
Low-Maintenance Caretaking MLR High Returns in Inner Brisbane South!
This is an outstanding opportunity to take on two easy-to-manage complexes in the thriving suburbs of Inner Brisbane South. Just five minutes apart, these properties offer a simple caretaking role with minimal gardens and grounds, making them highly efficient to operate. The well-maintained complexes require minimal oversight, allowing for a balanced work-life approach while delivering consistent financial rewards.
With no lot to purchase and no fixed onsite hours, this business delivers maximum flexibility and a strong, reliable income. The caretaking duties are straightforward, making this an attractive option for both experienced operators and newcomers. Plus, with the option to take on letting, theres excellent potential to further increase revenue and enhance profitability.
- BC Salary & NOP: $53,516
- Total Price: $205,000 @ 3.85x
- Strong Returns: 26.1% ROI
- Opportunity to expand revenue with letting
With solid returns and strong potential for growth, this is an ideal opportunity for seasoned operators looking to expand or newcomers wanting a secure and profitable entry into the industry. Whether youre seeking a bolt on investment to your portfolio or a stepping stone into management rights, this business offers flexibility and strong financials in a prime Brisbane location.
Act fastexceptional value in a prime location! Caretaking-only opportunities like this are in high demandcontact us today to secure your next venture!
** Ras360 Specialists in Management Rights | Motels | Hotels | Pubs | Parks **
More Information
- Total Purchase Price: $205k - Business Only
- Net Income: $ 53,516
(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