Calamvale, Queensland

1.97x Multiplier! Permanent MLR - Outstanding Investment Opportunity | Resort Brokers ID : MR008450

Under Contract / Offer

Business Description

Don’t miss this chance to secure a modern, well-maintained townhouse complex in the popular south side suburb of Calamvale. Ideal for families seeking a quality property with additional income, or for experienced operators looking for a low-maintenance side business. With minimal caretaking duties and a Body Corporate salary covering more than 86% of net profit, this management rights business offers both stability and potential for growth.

The Manager's Unit boasts three bedrooms, a large study (convertible into a fourth bedroom), two bathrooms, a double garage, and a separate spacious office with its own entrance. The opportunity to increase income is clear—by transitioning units currently managed by outside agents back into the onsite letting pool.

This complex operates under a 25-year Caretaking and Letting Agreement, with over 21 years remaining (successfully topped up). Whether you're a first-time buyer or a seasoned investor, this is an exciting and low-maintenance business with solid income prospects.

Reach out today to inquire and secure this unique opportunity before it's gone!


- Easy-to-manage operation with minimal caretaking responsibilities for a single operator.
- Strong Body Corporate salary covering over 86% of the total net profit.
Long-term agreement with 21 years remaining.
No set office hours.
Well-established complex with minimal caretaking; all maintenance equipment provided by the Body Corporate.
Manager’s unit includes three bedrooms, a large study, two bathrooms, a double garage, and a separate office on title.
Significant potential for income growth by bringing units managed by external agents back into the onsite letting pool.
Prime location, just a short drive to local amenities, boasting 100% occupancy and a long waitlist in a high-demand rental area.
Inspection available by appointment only.
Date updated: 29 May 2025 09:25:35

Business Summary

Business Snapshot

Price: Under Contract / Offer Net Profit: $55,747 Remuneration / Body Corp Salary: $47,995

Managers Unit

Value of Managers Apartment: $690,000Bedrooms: 3Bathrooms: 2Office: On Title

Complex Information

Complex Type: PermanentTotal Units in Complex: 38Total Units in Letting Pool: 8Owner Occupy Units: 19Outside Agent Units: 11Agreement Term Remaining: 20 years
Marketing Agent
Listing location
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