Business Only - $355,766 Net - Over 72% BC Salary at attractive 5.9x multiplier! | Resort Brokers ID : MRB009392
Permanent Management Rights for Sale in Chermside, QLD — $2,099,995
Key facts
- Price
- $2,099,995
- Location
- Chermside, QLD 4032
- Type
- Permanent Management Rights
- Net income
- $355,766 (actual)
- Caretaking remuneration
- $257,493
- Listed by
- Resort Brokers
- Listing ID
- 21201288
- Last updated
- 2026-11-04
Description
Fantastic opportunity to acquire two permanent Business-Only management rights in Chermside, just 500m from Westfield. Combined net profit of $355K+ with over 72% of income derived from Body Corporate Salary.<br />
<br />
Offered in one line and located less than 100m apart, these well-established northside businesses generate a net profit of $355,766, supported by a strong $257,493 Body Corporate salary. An ideal option for either a first-time buyer or experienced operator seeking a scalable add-on or a solid standalone investment with upside.<br />
<br />
Both complexes are permanent-let and efficiently managed, with shared operational costs enhancing overall profitability.<br />
<br />
Positioned in a highly sought-after pocket of Chermside, they enjoy consistent tenant demand thanks to close proximity to Westfield Chermside, major hospitals, and key transport links.<br />
<br />
All inspections by appointment only.<br />
<br />
<br />
- Boutique Business-Only complexes in highly desired northside suburb<br />
- Fully Established with solid net profit of $355,766<br />
- Combined body corporate Salary of $257,493 with CPI increase annually<br />
- No requirement to buy real estate, live onsite or set office hours<br />
- Stable letting pool with 38 units combined across both complexes<br />
- Upside to convert the 30 externally managed back to letting pool<br />
- Accommodation Module Agreements<br />
- Functional ground level office under OA and ample storage<br />
- Minimal gardening duties across both complexes - small gym & rooftop BBQ only<br />
- High rental demand due to proximity to Westfield, hospitals and schools, transport & airport links<br />
- Contact Jeff today to make an inspection<br />
Date updated: 01 Nov 2026 23:00:09
<br />
Offered in one line and located less than 100m apart, these well-established northside businesses generate a net profit of $355,766, supported by a strong $257,493 Body Corporate salary. An ideal option for either a first-time buyer or experienced operator seeking a scalable add-on or a solid standalone investment with upside.<br />
<br />
Both complexes are permanent-let and efficiently managed, with shared operational costs enhancing overall profitability.<br />
<br />
Positioned in a highly sought-after pocket of Chermside, they enjoy consistent tenant demand thanks to close proximity to Westfield Chermside, major hospitals, and key transport links.<br />
<br />
All inspections by appointment only.<br />
<br />
<br />
- Boutique Business-Only complexes in highly desired northside suburb<br />
- Fully Established with solid net profit of $355,766<br />
- Combined body corporate Salary of $257,493 with CPI increase annually<br />
- No requirement to buy real estate, live onsite or set office hours<br />
- Stable letting pool with 38 units combined across both complexes<br />
- Upside to convert the 30 externally managed back to letting pool<br />
- Accommodation Module Agreements<br />
- Functional ground level office under OA and ample storage<br />
- Minimal gardening duties across both complexes - small gym & rooftop BBQ only<br />
- High rental demand due to proximity to Westfield, hospitals and schools, transport & airport links<br />
- Contact Jeff today to make an inspection<br />
Date updated: 01 Nov 2026 23:00:09