Great Nett Income at an even better Multiplier in Brisbanes Growth Corridor

$2.76M MR&$570K Unit = Total $3.33M

Permanent Management Rights, DINMORE QLD

Exceptional Management Rights in Brisbanes Western Suburbs

High Income, Minimal Effort, and a Prime Growth Location
This large, well-established management rights complex offers an outstanding investment opportunity with strong financials, operational ease, and an unbeatable location. Situated just 15 minutes from Ipswich Central and close to Redbank Plaza, Costco, and a park-and-ride railway station, this property provides unparalleled accessibility and convenience for both owners and tenants.

Key Features
Prime Location
Public Transport: Bus stop at the front door and a railway station just a five-minute walk away.
Shopping & Amenities: Close proximity to major shopping hubs, including Redbank Plaza and Costco.
Rapid Growth Area: Located in Brisbanes booming western corridor with Ipswichs urban expansion driving demand.
Property Overview
Townhouses: Modern 3-bedroom, 2-bathroom homes with single lock-up garages and additional parking spaces.

Managers Unit:
Spacious 3-bedroom residence with a double lock-up garage, extra parking, full air conditioning, and ceiling fansideal for comfortable living or additional rental income.

Financial Highlights
Net Income: $503,339 per annum (after expenses, before tax).
Total Purchase Price: $3,330,000, including real estate valued at $570,000.
Rent Growth: Consistently increasing rents with every lease renewal.
Body Corporate Salary: Indexed to CPI, ensuring long-term income stability.

Management and Operational Benefits:
Flexible Living Options: No requirement to live onsiterent out the managers unit for additional revenue.
Caretaking Agreement: 24 years remaining, offering security and peace of mind.
Strong Letting Pool: 11 units currently in the letting pool, with potential to grow by acquiring externally managed units.
Effortless Grounds Maintenance: Body Corporate provides a ride-on mower and whipper snipper, making upkeep simple.

Additional Advantages:
Ample Storage: Dedicated single lock-up garage for equipment with room to add built-in storage.
Communal Upkeep: Large sinking fund budget ensures well-maintained shared areas and facilities.

Why This Opportunity Stands Out:
This complex offers a rare combination of:
High and Reliable Income: Over $503K net profit annually with indexed salary and rental growth.
Ease of Management: Minimal workload supported by provided equipment and well-maintained facilities.
Prime Location: Positioned in a high-demand, growth-driven area with exceptional access to transport and amenities.
Investment Flexibility: Ideal for first-time buyers or seasoned investors looking to expand their portfolios.

Dont Miss Out on This High-Yield Opportunity

This is your chance to secure a profitable and flexible management rights business in one of Brisbanes fastest-growing regions.

Contact Nathan Eades on 0448 339 920 today for more information or to schedule a viewing.

RAS360 Specialists in Management Rights | Motels | Hotels | Pubs | Parks
Your trusted partner for accommodation business success.

More Information

Financial Overview

Total Purchase Price: $2.76M MR&$570K Unit = Total $3.33M
Net Income: $ 503,000 (actual)
_{This is the combined total income acheived by the business after expenses, before tax.}
Included Real Estate: $ 570,000
_{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.}

Letting Business

Letting Pool: 111
_{Number of units the manager is authorised to manage.}

Owner Occupiers: 19
_{Number of units resided in by their owners.}

Lock Ups: 0
_{Number of units owners are not renting out, but also do not live in.}

Outside Agents: 16
_{Number of units being rented by other agents (these could potentially be acquired by the manager).}

Units In Complex: 146
_{The total number of units within the complex.}

Caretaking

Remuneration: $ 220,490
_{This is the body corporate caretaker salary. It is included in the Net Income above.}

Agreement Term: 25 years
_{How long is the caretaking contract.}

Agreement Remaining: 24 years
_{How long remains on the caretaking contract before it must be renewed?}

Agreement Age: 0 years
_{How long has the management rights existed.}

Office Hours: Nil
_{Required Office Hours}

Complex Features: Low-maintenance grounds, easily managed with a ride-on mower and whipper snipper, with all equipment and consumables provided by the Body Corporate. Spray weeding is handled as needed, and there are no facilities to maintain. Includes a separate single lock-up garage for equipment storage, plus an adjacent area that could be enclosed for additional space, currently used to house a 1,100-litre skip bin for the manager's use. A substantial sinking fund is in place, and there is no requirement to live on-siteâoffering the option to rent out the unit for additional income0