Everton Park, Queensland
Brisbane’s Best Business Only MLR – Dual Complex, Low Maintenance, High Returns!
SOLD
Business Description
Brisbane’s Best Business Only MLR – Dual Complex, Low Maintenance, High Returns!
A rare chance to secure two business-only management rights in Brisbane’s north, offering flexibility, stable income, and strong growth potential. Located just 5km apart in Bridgeman Downs and Everton Park, these modern townhouse complexes present an effortless management experience with no common facilities, no real estate purchase, and no set office hours.
Key Investment Highlights:
• Low-maintenance & easy to manage – No common facilities or real estate to buy.
• Strong financials – $81,499 NOP, 64% from body corporate salary - $52,462, 23.62% ROI.
• Stable, long-term agreements – 17-18 years remaining on 25-year Accommodation Modules.
• Expanding potential – Opportunity to convert externally managed units into the letting pool.
• High-demand locations – Close to major shopping hubs, transport, schools, and employment centres.
• Flexible and low-maintenance – Perfect for a single operator or industry professionals expanding their portfolio.
Property Overview:
Bridgeman Downs - 11 townhouses in letting pool (out of 23 total). High rental demand – 4-bedroom, 2.5-bath townhouses renting at $650 per week. Prime location – Near Aspley retail precinct, parks, and schools
Everton Park - 4 townhouses in letting pool (out of 19 total). Strong rental appeal – 3-bedroom townhouses renting at $620 per week. Strategic positioning – Close to Everton Park Plaza, major hospitals, and Westfield Chermside
With no requirement to live onsite and no fixed office hours, this is a true lifestyle business with excellent potential to boost returns. Don’t miss this outstanding opportunity to acquire a highly sought-after business-only management rights package. Enquire now to secure this flexible and profitable investment!
Business Summary
Business Snapshot
Price: SOLD
Net Profit: $81,499 Remuneration / Body Corp Salary: $52,462
Complex Information
Complex Type: PermanentTotal Units in Complex: 42Total Units in Letting Pool: 15Owner Occupy Units: 13Outside Agent Units: 14Agreement Term: 25 yearsAgreement Term Remaining: 18 years
Key Investment Insights
1. Dual business-only management rights package, two complexes located about 5 km apart in Bridgeman Downs and Everton Park.
2. Low-maintenance operating model, no common facilities, no real estate purchase required, no fixed office hours and no requirement to live onsite.
3. Strong reported net operating profit of $81,499, with $52,462 (64% of NOP) derived from body corporate salary.
4. Attractive reported ROI of 23.62%, indicating high return relative to the investment metrics provided.
5. Long-term security via 25-year accommodation modules, with approximately 17 to 18 years remaining on the agreements.
6. Current letting pool is 15 of 42 units, providing immediate income and scope to grow revenue.
7. Clear expansion potential by converting 14 externally managed units into the letting pool to boost returns.
8. Bridgeman Downs component: 11 townhouses in the letting pool of 23 total, high demand for 4-bedroom townhouses renting around $650 per week.
9. Everton Park component: 4 townhouses in the letting pool of 19 total, strong appeal for 3-bedroom townhouses renting around $620 per week.
10. High-demand northern Brisbane locations close to major shopping hubs, transport, schools, hospitals and employment centres, including Aspley retail precinct and Westfield Chermside.
11. Suited to a single operator or an industry professional seeking portfolio expansion, offering a lifestyle business model.
12. Listing status shows Price: SOLD, indicating the opportunity has been transacted.
