Brisbane City, Queensland
RARE TOOWONG PERMANENT MANAGEMENT RIGHTS – NETTING $493,961 | Resort Brokers ID : MRB009320
$3,065,000
Business Description
ResortBrokers presents a rare opportunity to acquire a business-only permanent management rights offering in Toowong, just minutes from the Brisbane CBD. Offered after long-term ownership, it is a secure, straightforward acquisition for an experienced operator looking to expand their portfolio.
- Circa 200 apartments with approximately 50 in the onsite letting pool
- Underpinned with $304,000 BC salary representing over 60% of the net profit
- Fully established, permanent complexes with low maintenance facilities
- All agreements have over 20 years on the remaining term
- No set office hours (contactable by phone) in the agreements
- No real estate to purchase and no requirement to live onsite
Contact Jeff or Tim today to arrange your inspection!
Date updated: 27 Oct 2026 23:00:03
Business Summary
Business Snapshot
Price: $3,065,000
Net Profit: $493,961 Remuneration / Body Corp Salary: $304,472
Complex Information
Complex Type: PermanentTotal Units in Complex: 209Total Units in Letting Pool: 50Owner Occupy Units: 97Outside Agent Units: 62Agreement Term Remaining: 22 years
