Brisbane City, Queensland

Premier Waterfront Permanent MLR delivering $431K+ NOP - Prime Brisbane CBD | Resort Brokers ID : MR009117

$2,905,029

Business Description

Offered to the market for the first time in 11 years. ResortBrokers delivers a substantial permanent letting opportunity in a premier Brisbane riverfront location with direct boardwalk access to the CBD, dining and entertainment precincts.

This prestigious complex generates a strong net profit $431,225 pa. with a body corporate salary of $247,899 representing circa 60% of total income, providing exceptional revenue stability E.g. Purchase and insulation from market fluctuations.

Settlement will be subject to a successful top-up, under which the incoming manager will enjoy a fully topped-up 10-year agreement, alongside multiple successful top-ups throughout the current manager’s tenure, further underscoring the strength of the positive relationship and the body corporate's commitment to the smooth running of the complex. The business offers flexible living arrangements, allowing you to purchase and reside in any lot within the building. eg. purchase a one-bedroom unit - rent out to tenant and the manager can rent larger unit if preferred making it suitable for families seeking larger accommodations.

Brisbane's rapid growth ahead of the 2032 Olympic Games, combined with established operational systems, positions this as a high-income opportunity suited to operators seeking scale without excessive hands-on burden - truly a premium, prestige waterfront Brisbane asset.

Body corporate salary exceeding $247,899 represents circa 60% of total income, providing exceptional revenue stability.
Premier Brisbane CBD waterfront address with direct boardwalk access to CBD, dining and entertainment precincts.
Strong rental demand delivering $630 to $1,450 per week across one to four-bedroom apartments.
Cleaning, gardening and pool maintenance fully outsourced to professional contractors.
Flexible ownership structure allowing purchase of any lot within the building with option to rent out manager’s unit.
Very supportive body corporate committees.
Walking distance to entertainment, restaurants, CBD, schools and City Cat with exceptional connectivity.
Inspections by appointment only.
Date updated: 26 Mar 2026 22:00:02