Boondall, Queensland
Dual Income Caretaking Scalable, High Yield Brisbane Opportunity
Under Contract / Offer
Business Description
Dual-Income Caretaking – Scalable, High-Yield Brisbane Opportunity
Delivering a strong 20.19% ROI, this dual caretaking-only opportunity with minimal workload, no letting obligations, and complete operational flexibility—ideal as a scalable bolt-on or a simple, low-touch standalone business.
Net Operating Profit of $77,939 supports a total business price of $386,000 at a 4.95x multiplier, equating to a 20.19% ROI. One complex contributes $36,000 with annual increases of CPI or 3%, while the second delivers $41,938.92 with CPI-linked growth. Long-term Accommodation Module agreements of 25 and 17 years provide stable, compounding income.
Positioned within Brisbane’s inner-northern corridor approximately 8–10km from the CBD, the complexes are located within the tightly held suburbs of Nundah and Boondall, forming part of the same established residential pocket and supporting efficient management. The area benefits from strong owner-occupier demand, rail connectivity, proximity to Kedron Brook parklands, and direct access to major retail hubs, the Airport precinct and key arterial routes.
A streamlined, dual-site caretaking operation across two boutique townhouse complexes comprising 30 and 32 lots respectively. One complex is deliberately low-maintenance with no shared facilities, while the other includes a simple BBQ area. With no office hours, no requirement to reside onsite, and minimal duties, the business delivers efficient scale across two agreements without adding operational complexity.
• 25-year and 17-year Accommodation Module agreements
• No letting pool, no office hours, no onsite requirement.
• Simple maintenance profile with efficient dual-site operation
Well-priced, high-yield caretaking opportunities with this level of flexibility and scale are rarely brought to market—enquire today to secure this dual-income Brisbane asset.
**Ras360 – Specialists in Management Rights | Motels | Hotels | Pubs | Parks**
Business Summary
Business Snapshot
Price: Under Contract / Offer
Net Profit: $77,939 Remuneration / Body Corp Salary: $77,939
Complex Information
Complex Type: PermanentTotal Units in Complex: 62Agreement Term: 25 yearsAgreement Term Remaining: 25 years
Key Investment Insights
1. Delivers a reported 20.19% ROI, based on net operating profit of $77,939 and a business price of $386,000.
2. Priced at a 4.95x multiplier, offering high yield relative to price.
3. Dual-income model across two caretaking-only agreements provides diversification of revenue streams.
4. Long-term agreements of 25 years and 17 years create stable, compounding income.
5. Contracted annual increases linked to CPI on both sites, with one site indexed at CPI or 3%, preserving real income growth.
6. Combined portfolio of 62 units, comprising boutique townhouse complexes of 30 and 32 lots, supports operational scale.
7. Minimal operational workload, with no letting obligations, no office hours, and no requirement to reside onsite, enabling low-touch management or absentee ownership.
8. Simple maintenance profile, one complex with no shared facilities and the other with only a basic BBQ area, reducing operating costs and complexity.
9. Located 8–10 km from Brisbane CBD in tightly held inner-northern suburbs of Nundah and Boondall, supporting strong owner-occupier demand.
10. Strong location amenities, including rail connectivity, proximity to Kedron Brook parklands, direct access to major retail hubs, the Airport precinct and key arterial routes, enhancing tenant demand and management efficiency.
11. Operation is easily scalable or suitable as a bolt-on acquisition due to the caretaking-only structure and dual-site efficiency.
12. Listing status noted as under contract or offer, signalling market interest and potential urgency for buyers.
