Nearing Completion, Low Maintenance Business Only Management Rights

The Plains Residences is a brand new townhouse community positioned in the rapidly expanding Redbank Plains corridor. Nearing completion, this outstanding opportunity delivers an attractive mix of operational simplicity and secure long term income. With sixty seven modern two and three bedroom homes and no recreational facilities to maintain, the caretaking role remains straightforward with predictable duties and clear cost control. The Body Corporate salary of $77,050 per annum ex GST provides a strong base income backed by the Accommodation Module agreements.

A high proportion of investor owned properties ensures a strong letting pool from settlement. An expected 47 townhouses are projected to be retained within the onsite management structure, supported by independent rental appraisals and conservative vacancy allowances. This produces a projected net return of approximately $180,583. Standard clawback and clawforward mechanisms relating to the letting pool.

Redbank Plains continues to experience rapid population growth supported by major shopping precincts, transport infrastructure, health and education services, creating sustained rental demand and strong occupancy outcomes. The Plains Residences sits comfortably within this growth environment offering an efficient Business Only model that delivers real lifestyle advantages, minimal staffing requirements and reliable long term earnings.

This represents a rare chance to secure a near new management rights business with modern construction, a robust investor profile and limited common property obligations. The combination of consistent income, simplified operations and strong location fundamentals positions The Plains Residences as an ideal first acquisition or an excellent addition to an existing management portfolio.