Brendale, Queensland

Long-Term Income Security – Established Management Rights | 18.6% ROI

$1.015M - Business Only

Business Description

Delivering an attractive 18.6% ROI, this established Business-Only management rights opportunity combines strong permanent letting income, secure Body Corporate remuneration and 25 years remaining under Accommodation Module agreements, without the capital commitment of purchasing a manager's residence.

Generating a Net Operating Profit of $188,327, supported by Body Corporate remuneration of $71,998 per annum, the business is priced at $1,015,000, reflecting a 5.39x multiplier. Remuneration is reviewed annually in October at CPI or 3%, whichever is greater, providing a secure income base with built-in annual increases.

Positioned in Brendale within Brisbane's established northern residential corridor, the complex enjoys convenient access to Strathpine's major retail precinct, local employment hubs and key transport connections. The surrounding residential catchment and proximity to Brisbane's northern growth corridor underpin ongoing permanent rental demand.

Comprising 49 modern townhouses, the business maintains a substantial 41-unit letting pool. Minimal communal facilities support manageable caretaking responsibilities, while owner-managed properties present opportunities for future letting pool growth. The Business-Only structure offers genuine operational flexibility, ideally suited to portfolio expansion or a standalone operation.

- Attractive 18.6% Return on Investment
- Business-Only acquisition – no residence required
- Full term 25 years remaining under recently topped up agreements
- Established letting pool of 41 townhouses across a 49-unit complex
- No external managing agents within the complex
- Body Corporate remuneration with annual CPI or minimum 3% increases
- Minimal communal facilities and manageable caretaking obligations

Enquire today for confidential information on this established, high-return Brisbane North management rights opportunity.

Business Summary

Business Snapshot

Price: $1.015M - Business Only Net Profit: $188,327 Remuneration / Body Corp Salary: $71,998

Complex Information

Complex Type: PermanentTotal Units in Complex: 49Total Units in Letting Pool: 41Owner Occupy Units: 6Outside Agent Units: 2Agreement Term: 25 yearsAgreement Term Remaining: 25 years

Marketing Agent

Malcolm O'Farrell

0423 09....

Nathan Eades

0448 33....

Ras360

Key Investment Insights

AI generated. Confirm details with the seller.

1. Priced at $1,015,000, the business reports net operating profit of $188,327 and an 18.6% return on investment.
2. Business only acquisition requires no manager’s residence purchase, reducing the capital commitment.
3. Recently extended Accommodation Module agreements have 25 years remaining, supporting long term income security.
4. Annual Body Corporate remuneration of $71,998 increases each October by CPI or 3%, whichever is greater.
5. Established permanent letting pool includes 41 townhouses within a complex of 49 modern townhouses.
6. Minimal communal facilities support manageable caretaking responsibilities.
7. Brendale location offers convenient access to Strathpine shopping, local employment hubs and key transport connections.
8. The surrounding residential catchment and proximity to Brisbane’s northern growth corridor support permanent rental demand.
9. Owner managed properties offer potential for future letting pool growth.
10. Flexible operating structure suits either portfolio expansion or a standalone business.