Exceptional Management Rights in Brisbane's 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 Brisbane's booming western corridor with Ipswich's urban expansion driving demand.
Property Overview
Townhouses: Modern 3-bedroom, 2-bathroom homes with single lock-up garages and additional parking spaces.
Manager's 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 manager's 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.
Don't Miss Out on This High-Yield Opportunity
This is your chance to secure a profitable and flexible management rights business in one of Brisbane's 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.
