Cannon Hill, Queensland
Business-Only MLRs – High Net Profit, Strong Salaries, Long Agreements | Resort Brokers ID : MR009185
Under Contract / Offer
Business Description
This unique, high netting management rights opportunity includes a portfolio, featuring 170 modern townhouses with absolutely NO real estate purchase, significantly reducing capital outlay while providing immediate cash flow.
With a genuine business-only structure, there are no requirements to live on-site and no fixed office hours, offering unmatched flexibility. The caretaking duties are very manageable, daily workload is easily undertaken by a management couple.
Boasting a strong combined net profit of $463,705 this business promises a robust return on investment backed by a solid Body Corporate salary of $268,147.
With its strong financial performance, long-term stability with 22 year agreements remaining across the complexes, and flexible business structure, this exceptional management rights portfolio opportunity represents a compelling investment - an exceptional bolt-on acquisition for experienced operators or a flexible entry point for capable management couples seeking superior return on investment without property ownership obligations.
- Combined body corporate salary of $268,147per annum with CPI increases
- Genuine business-only management rights portfolio with no real estate purchase required, resulting in a lower capital outlay
- Accommodation module agreements with 22 years remaining
- No set office hours allows flexible operation - office on occupational authority and additional storage space
- Modern residential townhouse complexes located 6 km from Brisbane CBD
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Located in a high-demand rental suburbs
- The current managers have built supportive, positive relationships with all Body Corporates
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Efficient operation is operated by a capable two-person team
- Inspections by appointment only
Date updated: 11 Jul 2026 08:19:51
Business Summary
Business Snapshot
Price: Under Contract / Offer
Net Profit: $463,705 Remuneration / Body Corp Salary: $268,147
Complex Information
Complex Type: PermanentTotal Units in Complex: 174Total Units in Letting Pool: 58Owner Occupy Units: 97Outside Agent Units: 19Agreement Term Remaining: 22 years