Grange, Queensland

PROFITABLE INNER NORTH MR - AT 4.5x + 4-BED HOUSE $155k UNDER VALUATION! | Resort Brokers ID : MR008932

$2,188,000

Business Description

Located just 7 km from the CBD, and close to major transport links, this management rights business is an exceptional opportunity to capitalise on Brisbane’s northern growth corridor.

Situated in Grange, this 120-townhouse/villa complex boasts a net profit exceeding $266,000, underpinned by a secure $203,000 body corporate salary.

The manager’s residence — a recently renovated, 4-bedroom standalone house including an office — is being offered to market for $995,000 ($155K under valuation). Given Brisbane’s soaring property prices, this presents OUSTANDING VALUE.

Full 25-year Accommodation Module agreements ensure long-term stability, and with no set office hours the incoming operator is free to manage their time as they please. Additional income from onsite sales in this high-demand area adds further appeal to this great offering.

Do not miss out on this incredible opportunity to enter the property market in Brisbane’s booming north at a highly attractive price.

- Prime northern inner city fringe position, close to Kedron Brook and major transport links
- 120 townhouses/villas with 26 in letting pool
- Strong net profit exceeding $266K
- Body corporate salary over $203,000, increasing by 2.5% or CPI each year
- 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 4-bed manager's standalone house, with office, on title
- Manager's residence priced at $995K ($155K under valuation) — outstanding value
- Additional income stream from onsite property sales services
- Located in a high-demand rental and growth area
- Inspections by appointment only
Date updated: 08 Mar 2026 22:00:05

Business Summary