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Business-Only MLR in Mitcheltonâ 18.65% ROI&No Office Hours!
$515k MR = $515k Business Only
Permanent Management Rights, MITCHELTON QLD
Business-Only MLR in Mitchelton 18.65% ROI & No Office Hours!
A rare business-only opportunity in Brisbanes inner north, this modern and easily run management rights business offers strong returns, long agreement tenure, and zero residential requirement all just 9km from the CBD.
- Nett Profit: $96,099
- ROI: 18.65%
- Agreement: 21 years remaining Accommodation Module
- Office: No set hours located on exclusive use title
- Letting Pool: 9 units under management with potential to grow
Located within walking distance to public transport, Brookside Shopping Centre, parks, and cafs, the complex enjoys consistent rental demand from tenants seeking convenience and lifestyle. The area is popular with families and professionals, offering excellent schools, leafy surrounds, and easy access to the city.
This business-only model is perfect for both newcomers entering the industry and experienced operators seeking a flexible, low-maintenance addition to their portfolio. With strong income already in place and scope to expand the letting pool, this is a smart investment in a tightly held location.
Enquire now to secure this rare opportunity in one of Brisbanes most tightly held suburbs. Tightly held and priced to sell dont miss your chance to secure this inner-north gem!
Ras360 Specialists in Management Rights | Motels | Hotels | Pubs | Parks
More Information
- Total Purchase Price: $515k MR = $515k Business Only
- Net Income: $ 96,099
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 0
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