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Business-Only Brilliance in Mitcheltonâ 19.6% ROI&No Office Hours!
$499k Business Only
Permanent Management Rights, MITCHELTON QLD
Business-Only Brilliance in Mitchelton 19.6% ROI & No Office Hours!
Step into a high-performing, business-only management rights opportunity in one of Brisbanes most in-demand suburbs. With excellent returns, no residential requirement, and zero set office hours, this is a streamlined investment that delivers both profitability and flexibility.
Nett Profit: $98,236
Business Price: $499,000 @ 5x
ROI: 19.6%
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
Perfectly positioned just 9km from the Brisbane CBD, the complex is within easy walking distance to public transport, Brookside Shopping Centre, parks, cafs, and local amenities. The suburb enjoys strong rental demand from professionals, families, and downsizers drawn to its leafy streets, quality schools, and quick city access.
This is an ideal business for both industry newcomers and experienced operators looking to add a low-maintenance, high-return performer to their portfolio. The current letting pool is already profitable, and with scope to bring additional units under management, theres a clear path to boosting the net profit further.
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: $499k Business Only
- Net Income: $ 98,236
(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