Chermside, Queensland

Dual Business Only Apartments - $355,766 Net Profit - over 72% BC Salary | Resort Brokers ID : MRB009194

$2,225,000

Business Description

Fantastic opportunity to acquire two permanent Business-Only management rights in Chermside, just 500m from Westfield. Combined net profit of $355K+ with over 72% of income derived from Body Corporate Salary.

Offered in one line and located less than 100m apart, these well-established northside businesses generate a net profit of $355,766, supported by a strong $257,492 Body Corporate salary. An ideal option for an experienced operator seeking a scalable add-on or a solid standalone investment with upside.

Both complexes are permanent-let and efficiently managed, with shared operational costs enhancing overall profitability. Positioned in a highly sought-after pocket of Chermside, they enjoy consistent tenant demand thanks to close proximity to Westfield Chermside, major hospitals, and key transport links.

All inspections by appointment only.

Boutique Business-Only complexes in highlydesired northside suburb
Fully Established with solid net profit of$355,766
Combined body corporateSalary of $257,492 with CPIincrease annually
No requirement to buy real estate, live onsite or set office hours
Stable letting pool with38 units combined acrossboth complexes
Accomodation Module Agreements
Functional ground leveloffice under OA and amplestorage
Minimal gardening duties across both complexes - small gym & rooftop BBQ only
High rental demand dueto proximity to Westfield, hospitals andschools, transport & airport links
Contact Jeff today to make an inspection
Date updated: 23 Aug 2026 23:00:06

Business Summary

Business Snapshot

Price: $2,225,000 Net Profit: $355,766 Remuneration / Body Corp Salary: $257,492

Complex Information

Complex Type: PermanentTotal Units in Complex: 188Total Units in Letting Pool: 38Owner Occupy Units: 87Outside Agent Units: 45Lockup Units: 40Agreement Term Remaining: 18 years
Marketing Agent
Listing location

Enquire Now

Thank you, your enquiry has been sent now.

Listing Tools

Management Rights

Receive new listing alerts

Sign up
Similar Management Rights For Sale

You may also like

Bribie Island MLR – $326K Nett & 14.88% ROI in a Prime Coastal Location
Ras360
Bribie Island MLR – $326K Nett & 14.88%...

WOORIM

$1.395M MR + $800K Unit = Total $2.195M

Net Income: $326,547
Managers Estate: $800,000 3 Bed 2 Bath
Letting Pool: 50
Remuneration: $77,758

Christmas Deadline – Vendor Says Sell – Kings Beach Business Only! | Resort Brokers ID : MRB009344
Lifestyle and Income Without the Live Onsite Requirement
Secure Motel Freehold Investment – Country Plaza Halls Gap | Resort Brokers ID : INV009332
The Hydro Majestic
Long Agreements. No Set Office Hours. Prime Benowa Location
Albury City Motel – high-performing leasehold with 27-year tenure
ABSOLUTE BEACHFRONT - GENUINE LIFESTYLE FLEXIBILITY, LIVE ONSITE OR OFFSITE | Resort Brokers ID : MR009331
COUNTRY CHARACTER. PROVEN BUSINESS. POTENTIAL PLUS - 155HF
Permanent Management Rights with Dual Income Streams
RARE FREEHOLD HOSPITALITY OPPORTUNITY IN ORANGE’S GROWING EASTERN CORRIDOR - 153HF
Riverfront Prestige. Blue-Chip Income. Brisbane's Best Lifestyle.
Premium Holiday Management Rights in the Heart of Airlie Beach
High performing motel strategically positioned in NQ's leading economic region | Resort Brokers ID : LH009328
'YUNGABA' KANGAROO POINT - IMPECCABLE RIVERSIDE PERMANENT RIGHTS $500K+ NET | Resort Brokers ID : MR009319
A Rare Coastal Development Opportunity – DA Approved with Holding Income | Resort Brokers ID : FH009329
Last of the Front Row Sections — Build your Dream Home at Terrace Downs
https://heroproperty.co.nz/property/exquisite-high-country-luxury-fable-terrace-downs-resort/
Rare Central City Hotel Opportunity