81% Salary Ratio | Low-Asset Model 21-Year Management Rights Business for Sale Suitable for Add-On or Individual Operation

Permanent management rights, Hillcrest QLD

Business Highlights

Stable Agreement 21-Year Term
-Agreement successfully topped up in June this year
-Now secured with a 21-year management term
-The complex is well-maintained and easy to manage ideal for long-term ownership

Managers Residence + Exclusive Office Use
-Townhouse: 2 bedrooms, 1.5 bathrooms, plus a separate office
-Internal area: 78 sqm
-Priced at $520,000, representing 41% of total package qualifies as a low-asset model
-Currently rented out, generating $20,800/year (not included in net profit)

Stable Income Structure
-Net salary after tax: approx. $116,930/year, indexed annually by 3.5% or CPI (whichever is higher)
-Salary accounts for 81% of total income, offering strong stability and risk resistance
-Management of 20 long-term rental units generates $27,896/year
-Total net profit: approx. $144,826/year

Simple Complex Maintenance
-No swimming pool, no security gate, no gym, no tennis court
-Easy to manage suitable for individuals, couples, or add-on operations
-Current manager employs a resident to assist with onsite duties
-No Live Onsite Requirement
-Only requires a designated person to be present weekday afternoons (MonFri)

Convenient Location
-Close to M2 and M6 motorways
-Nearby shopping centres, primary and secondary schools
-Approx. 40 minutes to Brisbane CBD, 60 minutes to Gold Coast

Pricing Overview
Item Price
Business Price $750,000
Managers Residence $520,000
Total Package $1,270,000