8787 Warwick Road, Churchill, Queensland

Exclusive - Student Accommodation in Ipswich - ID 8787

$1,080,000

Business Description

Rock Sold Business Within Walking Distance to University
Student Accommodation

- No need to live onsite (there is no residence)

- Reception, office, community room and vacant land all on title

- Body Corporate pay almost all outgoings (power, office phone, website fees, pool etc)

- 40 minutes from Brisbane CBD

- Fantastic location for University students

- Low workload

- Can be run by one person on a part time basis

Unique opportunity to purchase a student accommodation business with a low workload and no requirement to live onsite. Would ideally suit a semi-retired person, someone new to the industry or anyone looking for an add on to their existing portfolio.

Net Profit: $199,248
Asking Price: $1,080,000

For further information or to arrange an inspection of this Student Accommodation business contact:

Management Rights Brokers
Gerard Dixon & Phil Trimble

Property Code: 1069

Business Summary

Business Snapshot

Price: $1,080,000 Net Profit: $199,248 Remuneration / Body Corp Salary: $62,343

Managers Unit

Value of Managers Apartment: $320,000Office: On Title
There is no residence to purchase with this business however office, storeroom, kitchen, reception, games room and swimming pool are all on title (Priced at $320,00)

Complex Information

Complex Type: Student AccommodationTotal Units in Complex: 36Total Units in Letting Pool: 29Outside Agent Units: 7Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 18 yearsPool: YesGames Room: YesBBQ Area: YesWIFI: Yes
Marketing Agent

Key Investment Insights

1. Net profit $199,248, asking price $1,080,000, indicating a profit yield for buyers to assess against capital cost.
2. Body Corporate pays almost all outgoings, including power, office phone, website fees and pool, lowering operator cash costs and administrative burden.
3. Low workload, can be run by one person on a part time basis, suitable for semi‑retired buyers or as an add‑on to an existing portfolio.
4. Managers apartment value listed at $320,000, office and managers unit details on title though there is no residence requirement to live onsite.
5. Complex comprises 36 total units, with 29 in the letting pool and 7 managed by outside agents, demonstrating near‑full management coverage.
6. Agreement structure 25 year term with 18 years remaining, providing long‑term contractual stability for accommodation operations.
7. On‑title assets include reception, office, storeroom, kitchen, community/games room, swimming pool and vacant land, enhancing asset value and operational control.
8. Amenities include pool, games room, BBQ area and WiFi, features attractive to university students and likely to support occupancy and rental premiums.
9. Located within walking distance to the university, offering strong tenant demand from students and consistent occupancy potential.
10. 40 minutes from Brisbane CBD, providing accessibility to a major city while serving a university catchment in Ipswich.
11. Reported remuneration / Body Corp salary $62,343, providing a clear cash compensation figure for the manager role component.

Management Rights Multiplier: 3.81
ROI Estimate: 26.22%

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, Resorts For Sale

You may also like

Gateway to the Flinders Ranges – Peterborough Caravan Park For Sale
The True Noosa Lifestyle is Yours
Group Accommodation, School Camp, Conference Facility
LEASEHOLD - Royal Hotel, Corowa NSW - 1P0527
The Fitzroy Pinnacle
A WELL PRESENTED MOTEL BUSINESS READY FOR FURTHER GROWTH - 521ML
Affordable 14-room motel lease in Labrador, metres from the beach | Resort Brokers ID : LH008952
Best Motel in Town – Leasehold in Goondiwindi, key hub for five major highways | Resort Brokers ID : LH008961
Lucrative business with perfect lifestyle change.
Historic Elegance Meets Modern Returns – Boutique Blue Mountains Retreat | Resort Brokers ID : FH008939
The perfect pairing — Two Quests in prime Brisbane city fringe location | Resort Brokers ID : LH008963
A Gem of a Position!!!
Net $227,333 - Multiplier 2.89 in Brisbane - ID 9214
SECURE A LONG-TERM LEASEHOLD IN A THRIVING REGIONAL MARKET - 1067CPL
Northern Gold Coast Rent Roll 2!!
Waterfront Development Opportunity
"Stonefield Estate" An exceptional opportunity
Beachside Income Meets Olympic Potential