Chermside, Queensland

Business Only - $355,766 Net - Over 72% BC Salary at attractive 5.9x multiplier! | Resort Brokers ID : MRB009392

$2,099,995

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 $257,493 Body Corporate salary. An ideal option for either a first-time buyer or 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 highly desired northside suburb
- Fully Established with solid net profit of $355,766
- Combined body corporate Salary of $257,493 with CPI increase annually
- No requirement to buy real estate, live onsite or set office hours
- Stable letting pool with 38 units combined across both complexes
- Upside to convert the 30 externally managed back to letting pool
- Accommodation Module Agreements
- Functional ground level office under OA and ample storage
- Minimal gardening duties across both complexes - small gym & rooftop BBQ only
- High rental demand due to proximity to Westfield, hospitals and schools, transport & airport links
- Contact Jeff today to make an inspection
Date updated: 12 Oct 2026 23:00:04