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: 13 Sep 2026 23:00:12

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
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