Everton Hills, Queensland

IDEAL FOR SYNDICATION! BRISBANE PERMANENT PORTFOLIO NETTING OVER $1.25M | Resort Brokers ID : MR008981

$7.4M BUS + $1.655M RE

Business Description

This large-scale management rights permanent portfolio is the perfect acquisition for a syndicate to acquire and reap the rewards from this fully established business that's ready for new owners to walk-in. Fully staffed, set up with systems in place and stocked with all equipment and vehicles it could not be easier! All nine complexes are located on the Northside of Brisbane in close proximity to each other and nestled in high rental demand areas!

The portfolio has over 400 lots, with a sizeable letting pool and includes two manager's units plus an office under OA. With minimal facilities to maintain, no set office hours, long-tenure on the caretaking and letting agreements and an exceptional historical performance, this is one that you cannot afford to miss!

- Established MLRportfolio of significant scale in north Brisbane
- Over400+ lots with over 230in the permanent letting pool
- Verified net profit of $1,260,337 with a combined body corporatesalary of $605,365 per annum
- Fully staffed and sale includes all equipment, IP, branding and vehicles for easy transition
- Caretaking wages are shown in the P&L
- Nine complexes in total in neighbouring suburbs
- High rental demand locations with excellent tenant drivers and historical low vacancy
- Long-terms remaining on 25 year careatking and letting agreements, with recent top-ups
- Minimal facilities in majority, two complexes with pools and BBQ area, easy to tend gardens
- Two manager's 3 bedroom townhouses with attached offices
- Separate office and storage under OA being used to run business currently
- Detailswill be offeredto qualified purchasers with an active Confidentiality Agreement with ResortBrokers
- All inspections by appointment only

Date updated: 01 Dec 2025 00:00:07

Business Summary