Fortitude Valley, Queensland

Permanent MLR Sought-After Complex – Strong Returns on Investment | Resort Brokers ID : MR008870

Under Contract / Offer

Business Description

ResortBrokers is delighted to present an outstanding management rights opportunity located on the quieter side of Fortitude Valley.

The caretaking role for this permanent residential complex is notably low demand. With no fixed office hours and streamlined operations already in place, a single person can easily manage this exceptional business.

The business is underpinned by 21-year agreements, which have been successfully topped up three times during the current manager's tenure, providing the purchaser with long-term security. A supportive body corporate, prime inner-city location, strong occupancy, high rental demand, and flexible operations make this a compelling business opportunity.

- Net income of $295,658 enables outsourcing and a comfortable lifestyle for the manager
- High body corporate salary of $188,438, which accounts for 68% of total income
- Renovated two-level manager's apartment with two bedrooms and a spacious loft/third bedroom
- Low-demand, one-person role with manageable caretaking duties
- Prime inner-city position
- Supportive and pragmatic body corporate committee
- Long-term security with 21 years on agreements, successfully topped up three times
- No set office hours and streamlined operations
- Inspections by appointment only
Date updated: 02 Oct 2025 23:00:02

Business Summary