Chermside, Queensland
Two MLR Businesses / One Flexible Opportunity / No Real Estate Purchase | Resort Brokers ID : MRB009429
$1,577,623
Business Description
Unlock the freedom to manage two management rights businesses under one flexible ownership model, just 10 km from Brisbane CBD in sought-after Chermside.
With 125 apartments across two complexes, this is an ideal opportunity for an existing operator looking to expand their portfolio or an incoming buyer seeking a business-only investment without the constraints of traditional on-site management.
No manager’s unit to buy. No requirement to live on-site. No fixed office hours. Enjoy the flexibility to structure your working day around your lifestyle, while benefiting from long-term agreements and a deliberately light caretaking workload.
Both complexes offer 24.5 years remaining on their agreements, supportive body corporate committees and dedicated, air-conditioned offices available exclusively for the manager’s use under occupational authority, delivering professional workspaces without the cost of purchasing real estate.
- Two genuine business-only management rights businesses offered together.
- Maximum flexibility with no manager’s unit purchase, no live-on-site requirement and no fixed office hours.
- Sought after Chermside location benefiting from strong and consistent tenant demand.
- 24.5 years remaining on both agreements, providing long-term operational security.
- Light caretaking duties, focused on common area cleaning and minor garden maintenance.
- Dedicated air-conditioned offices at both complexes for the manager’s exclusive use.
- Supportive body corporate committees and an attractive, streamlined management model.
- Ideal portfolio expansion opportunity or flexible entry into the management rights industry.
- Inspection by appointment only.
Date updated: 29 Oct 2026 12:35:28
Business Summary
Business Snapshot
Price: $1,577,623
Net Profit: $260,409 Remuneration / Body Corp Salary: $174,797
Complex Information
Complex Type: Permanent