Enoggera, Queensland

Permanent Management Right – Close to Brisbane City | Resort Brokers ID : MR006709

$1,390,566

Property Description

Permanent 39-unit, townhouse complex in Enoggera with a 3-bedroom managers unit, PLUS a second business only building of 18 apartments, a short 10-minute drive away in Kelvin Grove.



  • Both complexes easily managed by one person

  • $153,508 combined net profit

  • Long 25-year agreements with 22 years & 23 years tenure remaining

  • P&L prepared by industry accountant

  • Formal valuation of manager's unit available on request

  • Property inspections are by appointment only

Date updated: 02 Jun 2021 13:00:06

Property Summary

Business Snapshot

Price: $1,390,566 Net Profit: $153,508 Remuneration / Body Corp Salary: $71,651

Managers Unit

Value of Managers Apartment: $600,000Bedrooms: 3Bathrooms: 2Office: On Title

Complex Information

Complex Type: PermanentTotal Units in Complex: 57Total Units in Letting Pool: 36Holiday Units: 36Owner Occupy Units: 13Outside Agent Units: 7Agreement Term Remaining: 23 years
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