2 / 112-114 Osborne Road, Mitchelton, Queensland
Business-Only MLR in Mitchelton – 18.65% ROI & No Office Hours!
$515k MR = $515k Business Only
Business Description
Business-Only MLR in Mitchelton – 18.65% ROI & No Office Hours!
A rare business-only opportunity in Brisbane’s inner north, this modern and easily run management rights business offers strong returns, long agreement tenure, and zero residential requirement – all just 9km from the CBD.
- Nett Profit: $96,099
- ROI: 18.65%
- Agreement: 21 years remaining – Accommodation Module
- Office: No set hours – located on exclusive use title
- Letting Pool: 9 units under management with potential to grow
Located within walking distance to public transport, Brookside Shopping Centre, parks, and cafés, the complex enjoys consistent rental demand from tenants seeking convenience and lifestyle. The area is popular with families and professionals, offering excellent schools, leafy surrounds, and easy access to the city.
This business-only model is perfect for both newcomers entering the industry and experienced operators seeking a flexible, low-maintenance addition to their portfolio. With strong income already in place and scope to expand the letting pool, this is a smart investment in a tightly held location.
Enquire now to secure this rare opportunity in one of Brisbane’s most tightly held suburbs. Tightly held and priced to sell – don’t miss your chance to secure this inner-north gem!
Ras360 – Specialists in Management Rights | Motels | Hotels | Pubs | Parks
Business Summary
Business Snapshot
Price: $515k MR = $515k Business Only
Net Profit: $96,099 Remuneration / Body Corp Salary: $80,381
Complex Information
Complex Type: PermanentTotal Units in Complex: 61Total Units in Letting Pool: 9Owner Occupy Units: 40Outside Agent Units: 12Lockup Units: 2Agreement Term: 25 yearsAgreement Term Remaining: 20 years
Key Investment Insights
1. Rare business-only opportunity in Brisbane's inner north.
2. Modern and easily run management rights business.
3. Strong returns with a nett profit of $96,099.
4. High ROI of 18.65%.
5. Long agreement tenure with 21 years remaining.
6. No set office hours as the office is located on exclusive use title.
7. Small letting pool of 9 units with potential for growth.
8. Located within walking distance to public transport, shopping, parks, and cafes.
9. Popular area with high rental demand from families and professionals.
10. Perfect for both newcomers and experienced operators.
11. Tightly held location with limited opportunities.
12. Priced to sell at $515k for the business only.
13. Specialists in management rights, motels, hotels, pubs, and parks.
14. Permanent complex with a total of 61 units.
15. 40 owner-occupied units, 12 outside agent units, and 2 lockup units.
16. Agreement term of 25 years with 20 years remaining.
