Ascot, Queensland

Premium Inner-North Brisbane – Secure, Flexible Business-Only Opportunity

$899,000

Business Description

Delivering an impressive 17.49% ROI, this established Business-Only management rights opportunity is positioned across the tightly held, blue-chip inner-northern Brisbane suburbs of Ascot and Lutwyche. Combining secure Body Corporate income, a substantial permanent letting pool and genuine operational flexibility, there is no onsite residence requirement or fixed reception hours.

Generating a Net Operating Profit of $157,316, supported by Body Corporate remuneration of $83,476 p.a. + GST, the business provides a reliable recurring income base alongside established letting commissions and fees. The combined 28-unit letting pool comprises spacious two-bedroom apartments, with average weekly rents advised at $650–$750.

Importantly, both buildings utilise the same strata management and service providers, creating a streamlined structure across the two locations. The business is currently managed efficiently by a single operator, reinforcing the flexibility and practical nature of the operation.

Income Streams
Body Corporate Salary: $83,476 p.a. + GST
Rental Commission: 8% + GST
Letting Fee: 1 week’s rent + GST
Advertising Fee: $300 + GST
Postage & Petties: $6 + GST
Additional owner-agreed fee variations may apply
Ascot

Swimming pool and spa, with maintenance and chemicals paid by the Body Corporate, together with an outdoor kitchen and rooftop entertainment area.

Lutwyche

BBQ and entertainment facilities within a secure residential complex.

Both locations offer excellent access to shopping, transport, major arterial roads and established amenities, with convenient proximity to Brisbane Airport.

Combining premium inner-north locations, recurring Body Corporate income, an established permanent letting pool and a flexible Business-Only structure, this is a tightly held Brisbane management rights opportunity offering both security and operational simplicity.

With a 17.49% ROI, premium inner-north positioning and genuine operational flexibility, this opportunity warrants closer inspection. Contact Ras360 for further information or to arrange an inspection by appointment.

Ras360 – Specialists in Management Rights | Motels | Hotels | Pubs | Parks

Business Summary