Southern Area – Remuneration / Net Profit at 66% | No Onsite Office Hours | No Requirement to Live Onsite

This management rights business offers a highly stable and secure income, with 66% of total revenue derived from remuneration and net profit. The business delivers a net profit of $326,000, comprising:

• $207,000 remuneration, adjusted annually in line with CPI
• $119,000 letting pool commissions and service income

The business component is priced at $1,885,000.

Key Features

• Prime Southern District Location Situated in the sought‑after Eight Mile Plains area.
• Strong Income Structure 66% of revenue from remuneration and net profit — ideal for buyers seeking long‑term stability.
• 20 Years Remaining on Agreement Simple to manage, with a well‑structured and committee‑friendly environment.
• No Onsite Office Hours Required Enjoy a flexible lifestyle with no fixed office obligations.
• No Requirement to Live Onsite Multi‑cultural, respectful, and harmonious working and living environment.

Manager’s Residence

• Double‑storey home on a 139 m² lot
• 3 bedrooms, 2.5 bathrooms, office, single garage + one open parking spot
• Priced at $899,000

Convenient Location

Close to M1, M2, M3, Garden City Westfield Shopping Centres, and multiple reputable schools.

Total Package

$2,780,000 for both the business and the manager’s residence.

DISCLAIMER
The agent gives notice that:
1. The figures and information disclosed in this Information Memorandum are provided by the vendor. All intending purchasers are to make their own enquiries and assessments as to the accuracy or otherwise of the information supplied by the vendor.
2. It must be noticed that agent has no access to full sets of accounts or legal documentation for verification purposes. No liability for the information will be accepted by the agent and parties should make their own investigations as to the accuracy of these figures and information.