Grange, Queensland
HIGH-EARNING MR IN BRISBANE'S INNER-NORTH TOPPED UP TO FULL 25 YEAR TERM | Resort Brokers ID : MR008932
$2,263,995
Business Description
ResortBrokers presents an exceptional management rights business in Grange, featuring 120 townhouses and villas with 26 in the letting pool. The business delivers a net profit exceeding $266,000, underpinned by a secure $199,000 body corporate salary.
A full 25-year Accommodation Module agreement ensures long-term stability. The recently renovated four-bedroom manager’s standalone house includes an on-title office and no set office hours.
Located just seven kilometres from the CBD, and major transport links, this opportunity offers additional income potential from on-site sales and is positioned in a high-demand rental area.
- Strong net profit exceeding $266,000
- Body corporate salary over $199,000, 2.5% CPI
- Full 25-year accomodation module agreement recently renewed to maximum term
- No set office hours and manageable caretaking duties by a single person
- Recently renovated four-bedroom manager's standalone house with office on title
- The manager's residence priced at $155k, under valuation - offering outstanding value
- Additional income stream from on-site property sales services
- Located in a high-demand rental and growth area
- Prime northern inner city fringe position, close to Kedron Brook and major transport links
- Inspections are by appointment only
Date updated: 22 Oct 2025 10:37:08
Business Summary
Business Snapshot
Price: $2,263,995
Net Profit: $266,677 Remuneration / Body Corp Salary: $199,598
Managers Unit
Value of Managers Apartment: $995,000Bedrooms: 4Bathrooms: 2Office: On TitleComplex Information
Complex Type: PermanentTotal Units in Complex: 120Total Units in Letting Pool: 25Owner Occupy Units: 86Outside Agent Units: 5Lockup Units: 3Agreement Term Remaining: 25 years