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Modern, Low-Maintenance North Brisbane Management Rights | $234K+ Net Profit | Resort Brokers ID : MR008920
$1,785,000
Permanent Management Rights, STRATHPINE QLD
ResortBrokers is proud to present a modern and well-established management rights business on Brisbanes thriving northside.
This consistently profitable complex comprises 65 lots, with 52 in the letting pool, delivering a net profit of more than $234,000 plus a body corporate salary exceeding $85,500. Long-term security is assured with 21 years remaining on the Accommodation Module agreement.The workload is highly manageable, with low-maintenance gardens and no set office hours, with a spacious three-bedroom managers townhouse. Property is priced well below current market value.
Located in a high-growth area of north Brisbane, close to shops, cafes, restaurants, and transport, this property offers strong rental demand and further upside potential, making it an attractive opportunity for both first-time buyers and experienced investors.
- Net profit exceeding $234,000 per annum
- Body corporate salary over $85,500 CPI 3% or greater
- 21 years remaining on agreements
- Noset office hours
- Stable letting pool with strong investor retention
- Consistent rental demand in a high-growth area
- Low-maintenance caretaking duties
- Prime north Brisbane location near shops, cafes, and restaurants
- Inspections by appointment only
Contact Jeff today to inspect! Date updated: 03 Oct 2025 23:00:02
More Information
- Total Purchase Price: $1,785,000
- Net Income: $ 234,087
(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