2 / 112-114 Osborne Road, Mitchelton, Queensland

Modern MLR Gem in Mitchelton – Strong Returns, No Office Hours!

$485k MR + $510 Unit = $995k

Business Description

Modern MLR Gem in Mitchelton – Strong Returns, No Office Hours!

A superb opportunity to secure a modern, easily managed business in Brisbane’s sought-after northside. This tightly held management rights business combines a quality lifestyle with strong income and long agreement tenure – all just 9km from the CBD.
• Nett Profit: $94,900
• Business Price: $485,000 @ 5.1x
• Total Price: $995,000 - ROI: 9.5%
• Agreement: 20 years remaining – Accommodation Module
• Manager’s Unit: Stylish 2 bed, 1 bath with quality finishes
• 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 strong 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 is ideally suited to both newcomers entering the industry and experienced operators looking for a well-rounded, low-maintenance addition to their portfolio. With a solid letting pool already in place and potential to increase units under management, the upside is clear.

Tightly held and priced to sell. Enquire now to secure this rare opportunity in one of Brisbane’s most tightly held suburbs.

Ras360 – Specialists in Management Rights | Motels | Hotels | Pubs | Parks

Business Summary

Business Snapshot

Price: $485k MR + $510 Unit = $995k Net Profit: $96,099 Remuneration / Body Corp Salary: $80,381

Managers Unit

Value of Managers Apartment: $510,000Bedrooms: 2Bathrooms: 1Car Spaces: 1

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
Marketing Agent
Malcolm O'Farrell
Malcolm O'Farrell

Key Investment Insights

1. Strong returns with a Nett Profit of $94,900 and a ROI of 9.5%.
2. Modern and easily managed business located in Brisbane's sought-after northside.
3. Long agreement tenure of 20 years remaining.
4. Manager's unit is a stylish 2 bed, 1 bath with quality finishes.
5. No set office hours as the office is located on exclusive use title.
6. Potential to grow the letting pool, with 9 units currently under management.
7. Located within walking distance to public transport, shopping centers, parks, and cafes.
8. Popular area for families and professionals, offering excellent schools and easy access to the city.
9. Suited for both newcomers and experienced operators in the industry.
10. Tightly held and priced to sell.
11. Rare opportunity in one of Brisbane's most tightly held suburbs.
12. Specialists in Management Rights, Motels, Hotels, Pubs, and Parks.

Management Rights Multiplier: 5.05
ROI Estimate: 19.81%

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

Business Only - $188,740 Net Profit - ID 9185
MR Sales
Business Only - $188,740 Net Profit - ID...

EVERTON HILLS

$1,100,000

Net Income: $188,740
Managers Estate: - - Bed - Bath
Letting Pool: 80
Remuneration: $97,844

Who is looking for a Business Only on Brisbane Northside?
Ras360
Who is looking for a Business Only on...

ALDERLEY

$899,500 - Business Only

Net Income: $163,559
Managers Estate: - - Bed - Bath
Letting Pool: 43
Remuneration: $109,754

Great Business - Not Required to Live On-Site
Next Business & Property Sales
Great Business - Not Required to Live...

STAFFORD

$1,058,000 ONO

Net Income: -
Managers Estate: - - Bed - Bath
Letting Pool: -
Remuneration:

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!!!
Easy Permanent Business Close to Sea
Large Income and Permanent MR Business in Biggera Waters
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!