Multiplier 4.37 | No Live-Onsite & No Office Hours | 80% Wage Share | Eastern Suburbs | 23-Year Management Rights Business for Sale

Permanent management rights, Wynnum West QLD

Business Highlights

Stable Agreement | 23-Year Term
-Agreement successfully topped up last year, now offering over 23 years remaining
-Healthy, well-maintained complex with light management responsibilitiesideal for long-term ownership

Flexible Operation | No Constraints
-No Live-Onsite Requirement
-No Fixed Office Hours
-Exceptional work-life flexibility and autonomy

Managers Residence | Premium Setup
-Spacious townhouse featuring 3 bedrooms, 2.5 bathrooms, 2 living rooms, 1 garage, 2 driveway car parks, and a separate office
-Generous internal area of 185 sqm
-Access to tennis court and swimming pool walkable to local shopping centre, schools, and parks
-Asking price: $825,000

Stable Income Structure
-Net after-tax salary: $85,335/year, with annual CPI increases
-Salary comprises 80% of total income, ensuring highly stable and low-risk revenue
-Managing 6 long-term rental units, generating $19,659/year
-Total annual net profit: $106,355

Easy Maintenance
-Minimal lawn space and low landscaping requirements
-Effortless managementideal for individual operators or couple teams

Sale Price & Investment Summary
Item Amount
Business Price $465,000
Managers Residence $825,000
Total Price $1,290,000