Business Only! | Mansfield State High School Catchment | No Need Live onsite No Office Hours | 65% of the income is derived from strong remuneration | Add-On Opportunity!
Description
Permanent management rights, Carindale QLD
1. Location: Located in the Brisbane East-South area within a renowned Mansfield State High school catchment.
2. 20-Year remaining Management Rights Business: This business includes long-term property management rights for a healthy community, which is easy to manage and maintain.
3. The post-tax annual Body corporate remuneration is $76,112, 65% of the income is derived from strong remuneration with wages steadily increasing each year according to the CPI. It manages a letting pool of 11 properties, generating an income of $39,969. The annual net profit is $116,890.
4. Flexable Management:
-No requirement to purchase a managers unit or live onsite
-No set office hours..
5. Convenient Transportation: Close to the M1 motorway and near the Westfield shopping center.66. Close to Pacific Golf Club
6. Ease of Operation: Easily operated by one person. Alternatively, it can be added to the responsibilities of a nearby building manager.
Details
Updated on February 4, 2026 at 1:51 am- Total Purchase Price: $699,000
- Business Multiplier: 5.97
- Net Income Basis : Actual
- Net Profit: $116,890
- Business Price: $699,000
- LETTING BUSINESS: $39,969
- Letting Pool: 11
- Owner Occupiers: 17
- Outside Agents: 9
- Units in Complex: 37
- Remuneration: $76,112
- Agreement Term: 25 Years
- Agreement Remaining: 20 years
- Office Hours: No
- Live On-Site: No
- Can the manager own a pet?: Yes
- Agreement Module : Accommodation
- Manager's Unit Price: 0.00
