Cannon Hill, Queensland
Business Only MR Opportunity - No Facilities - Low Maintenance Operation | Resort Brokers ID : MRB009309
$327,500
Business Description
ResortBrokers presents a rare business-only management rights opportunity in Cannon Hill. Operating under 25-year Accommodation Module agreements with 20 years remaining, this low-maintenance business generates a net profit exceeding $65,000, underpinned by a secure body corporate salary of $35,792.
With no requirement to purchase a manager’s residence, live onsite or maintain office hours, the business offers exceptional operational flexibility. Caretaking responsibilities are minimal, with only a ground floor foyer and small garden beds to maintain, making it an ideal acquisition for first-time operators, investors or existing management rights owners seeking a straightforward bolt-on business.
Combining long tenure, easy caretaking workload and genuine growth potential, this represents an outstanding opportunity to secure an highly desirable business-only operation in one of Brisbane’s most accessible and tightly held locations.
- Business-only opportunity with no real estate to purchase and no requirement to live onsite.
- Net profit exceeding $65,000 annually with body corporate salary of $35,792.
- 20 years remaining on 25-year accommodation module agreements providing long-term security.
- Minimal caretaking obligations limited to foyer and lift areas with no pool, barbecue or garden maintenance.
- Located 9 km east of Brisbane CBD with direct access via Cannon Hill train station, Wynnum Road and Gateway Motorway.
- High rental demand suburb with proximity to major employment hubs, Brisbane Airport and Cannon Hill Kmart Plaza.
- 13 units in letting pool with opportunity to convert external appointments back to management.
- Suits experienced operators seeking portfolio expansion or first-time buyers entering the industry.
- Inspection by appointment only.
Date updated: 25 Aug 2026 14:50:57
Business Summary
Business Snapshot
Price: $327,500
Net Profit: $65,397 Remuneration / Body Corp Salary: $35,792
Complex Information
Complex Type: PermanentTotal Units in Complex: 29Total Units in Letting Pool: 12Owner Occupy Units: 13Outside Agent Units: 4Agreement Term Remaining: 20 years