Everton Park, Queensland
Brisbane’s Best Business Only MLR – Dual Complex, Low Maintenance, High Returns!
Under Contract / Offer
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: Under Contract / Offer
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. This business for sale is a rare opportunity to acquire two business-only management rights in Brisbane's north, offering flexibility, stable income, and strong growth potential.
2. The complexes are located just 5km apart in Bridgeman Downs and Everton Park, both high-demand locations close to major shopping hubs, transport, schools, and employment centres.
3. The business is low-maintenance and easy to manage, with no common facilities or real estate to buy.
4. The financials are strong, with a net profit of $81,499 and 64% of income coming from the body corporate salary of $52,462, resulting in a 23.62% ROI.
5. The agreements are stable and long-term, with 17-18 years remaining on 25-year Accommodation Modules.
6. There is potential for expansion by converting externally managed units into the letting pool.
7. The complexes consist of modern townhouses, with 11 in the Bridgeman Downs complex and 4 in the Everton Park complex currently in the letting pool.
8. The rental demand is high, with 4-bedroom, 2.5-bath townhouses in Bridgeman Downs renting at $650 per week and 3-bedroom townhouses in Everton Park renting at $620 per week.
9. The business is strategically positioned near major retail precincts, parks, schools, and hospitals.
10. There is no requirement to live onsite and no fixed office hours, making this a lifestyle business with potential for increased returns.
