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Exceptional Brisbane Northside MLR Income, Lifestyle&Location in One
$575k MR&$835k Unit = Total $1.41m
Permanent Management Rights, ASPLEY QLD
Exceptional Brisbane Northside MLR Income, Lifestyle & Location in One
Delivering an outstanding 9.07% ROI, this high-performing Brisbane Northside MLR is a rare find, combining proven income with an enviable lifestyle and unbeatable location. Opportunities of this calibre are tightly held and highly sought-after.
Net Operating Profit: $127,851- BC Remuneration: $102,370 (ex GST)
Figures verifiedby industry accountant McAdam Siemon
Business Price: $575,000 (4.5x multiplier) - Real Estate: $835,000 - Total Listing Price: $1,410,000 - ROI: 9.07%
No office hours and no requirement to reside onsite
Perfectly positioned just 12km from Brisbanes CBD in the sought-after northern growth corridor, the complex enjoys easy access to major shopping centres, quality schools, and a host of lifestyle amenities. Comprising 43 lots, with 12 in the letting pool and a further 5 outside letting appointments, this business is operationally straightforward ideal for both experienced operators and newcomers seeking a manageable, profitable enterprise.
The managers residence is a standout a renovated stand alone 4-bedroom home with 2 bathrooms, 3 car spaces, and a modern, private design. Its rare to find a managers unit offering such space, style, and comfort. Unlock additional revenue potential by letting out the managers residence, adding a valuable boost to the already strong returns. With reliable income, a prime location, and an exceptional standard of accommodation, this is an outstanding business and lifestyle package.
Act now high-performing MLRs in this location are in hot demand and rarely hit the market. Call today to arrange your confidential inspection before its gone.
Ras360 Specialists in Management Rights | Motels | Hotels | Pubs | Parks
More Information
- Total Purchase Price: $575k MR&$835k Unit = Total $1.41m
- Net Income: $ 127,851
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 835,000
The value of on-title property included with the business. Its price is included in the Total Purchase Price. - Multiplier: undisclosed
Estimated number of years till the Net Income reaches the Purchase Price of the business component. Other factors such as lifestyle, workload, location and offering should always be considered ahead of the multiplier when evaluating a Management Rights business.
Number of units the manager is authorised to manage.
Number of units resided in by their owners.
Number of units owners are not renting out, but also do not live in.
Number of units being rented by other agents (these could potentially be acquired by the manager).
The total number of units within the complex.
This is the body corporate caretaker salary. It is included in the Net Income above.
How long is the caretaking contract.
How long remains on the caretaking contract before it must be renewed?
How long has the management rights existed.
Required Office Hours
The value of on-title property included with the business. Its price is included in the Total Purchase Price.
Is there a manager's office included on the title?
Can the manager own a pet on site?