Lutwyche, Queensland

Business-Only Management rights with NO Common Facilities! $356k net profit! | Resort Brokers ID : MRB008638

Under Contract / Offer

Business Description

ResortBrokers presents an excellent business opportunity in the suburb of Wooloowin, in Brisbane’s vibrant inner north - just four minutes drive from Brisbane City. This management rights business encompasses three modern apartment buildings within less than 5 minutes walking distance, or one minute drive! With minimal caretaking requirements this opportunity represents an attractive proposition for any experienced MLR operator seeking a low-maintenance business with lucrative returns.

The MLR portfolio has a genuine business-only structure, which is designed to be extremely manager-friendly. For example, the manager is not required to live on-site nor adhere to any set office hours or purchase real estate, allowing the incoming operator the freedom and flexibility to structure the operations of the business to suit their circumstances over time.

The business is underpinned by strong 21-year agreements supported by multiple successful top ups during the tenure of the current manager, ensuring long-term security and stability. There are NO common facilities to maintain in any of the three buildings, further reducing maintenance responsibilities, allowing the operator to focus on building relationships and maximising the letting pool.

Call us today to book an inspection!

- Significant NOP $356,705 including body corporate salary $177,902
- No real estate to purchase and no requirement to live onsite
- No set office hours
- No common facilities to maintain
- Long agreement terms - 21 years across all buildings
- High return on investment and stability
- Highly desirable city fringe location with excellent rental demand
- Inspections by appointment only
Date updated: 22 Apr 2025 23:00:02

Business Summary

Business Snapshot

Price: Under Contract / Offer Net Profit: $356,705

Complex Information

Complex Type: Permanent
Marketing Agent
Listing location
Gallery

Enquire Now

Thank you, your enquiry has been sent now.

Listing Tools

Management Rights

Receive new listing alerts

Sign up
Similar Management Rights For Sale

You may also like

All Offers Considered - High Return Business  - ID 9100
MR Sales
All Offers Considered - High Return Busi...

MILTON

$2,100,000

Net Income: $122,085
Managers Estate: $820,000 2 Bed 1 Bath
Letting Pool: -
Remuneration: $122,085

Attention - Incredible Off The Plan Business Only Management Rights - $400K Net! | Resort Brokers ID : OTP007719
ResortBrokers
Attention - Incredible Off The Plan Busi...

KENMORE

Under Contract / Offer

Net Income: $403,104
Managers Estate: - - Bed - Bath
Letting Pool: 96
Remuneration: $144,000

Coorrabin Motor Inn - 1P6229
Ragtime Tavern - 1P6362
Permanent Villa Caretaking!!!
A GOLDEN OPPORTUNITY IN THE HEART OF THE BRISBANE OLYMPIC FESTIVITIES
Luxury Lodge & Investment Opportunity - New Zealand
Best freehold going concern lifestyle business on the market
No Office Hours, High Returns, Low Maintenance – Business-Only MLR in Prime Chermside
Charming 9-Room Motel – Ideal Entry-Level Opportunity with Growth Potential | Resort Brokers ID : LH008699
Upscale Rainforest Retreat in Prime Sunshine Coast Hinterland Location | Resort Brokers ID : FH008691
Syndicate Potential!!
Come See the Sea!!
Elegant, Stylish and Immaculate!!!
Large Income and Permanent MR Business in Biggera Waters
Easy Permanent Business Close to Sea
Business Only Management Rights in Banora Point
Millicent Lakeside Caravan Park & Takeaway - 1P6357
 Cobb & Co Court Boutique Hotel Leasehold Business For Sale
Forget the 9-5 - $140k Stress-Free Lifestyle Business With No Office Hours!