Coorparoo, Queensland

BUSINESS-ONLY MR OPPORTUNITY IN INNER-CITY FRINGE OF BRISBANE, COORPAROO | Resort Brokers ID : MRB008645

$465,552

Business Description

Presenting to market a rare opportunity to purchase an excellent business-only Management Rights operation under accommodation module agreements. Located in the highly sought-after area of Coorparoo, this business offers a strong return on investment, backed by a solid Body Corporate salary that represents 66% of the total net profit. With no requirement to live onsite, no set office hours, no real estate to purchase, and minimal caretaking duties, this is an opportunity not to be missed.

This well-maintained, modern, permanent apartment building offers a solid business, suitable for a first-time buyer looking to secure a stable, low-maintenance business or an experienced operator who wants to expand their portfolio.

Please contact us today with your enquiries as these types of Management Rights businesses are in high demand and will not last long before being sold.

Call Jeff or Jessie today to arrange an inspection!

- No requirement to purchase real estate or reside onsite
- No set office hours
- Strong body corporate salary - 66% of total income
- Highly desirbale inner-city fringe location
- High tenant demand with proximity to major hospitals, schools and universities
- Easy and manageable caretaking duties
- Solid return on investment
- Long tenure accommodation module agreements - 21 years remaining
- Easy access to all local amentities, schools & well served by public transport with easy acces to Brisbane CBD, surrounding suburbs, and major hubs and transport links
- Property inspections by appointment only
Date updated: 18 May 2025 23:00:06

Business Summary

Business Snapshot

Price: $465,552 Net Profit: $83,427 Remuneration / Body Corp Salary: $56,051

Complex Information

Complex Type: PermanentTotal Units in Complex: 39Total Units in Letting Pool: 14Owner Occupy Units: 24Outside Agent Units: 1Agreement Term Remaining: 21 years
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