Nundah, Queensland

Business-Only Portfolio | $403k+ NOP| Significant Scale & Growth Potential | Resort Brokers ID : MR009197

$2,623,725

Business Description

On offer is a sizeable business-only management rights portfolio consisting of two side-by-side buildings located in Brisbane’s inner north. Boasting a net profit of $403,000 underpinned by a body corporate salary representing close to 70% of income. This established business will have strong appeal to both experienced operators and first-time buyers looking to secure a major foothold in the industry and a business with strong growth potential. Together they host a total of 222 apartments with a permanent letting pool of 37 units.

Both towers have simple, straight-forward caretaking duties with the primary focus being on common area cleaning and minimal gardening.

Upside potential via conversion of 31 externally managed units back into the letting pool - plus the opportunity to establish a residential sales business and further expand profitability. With no real estate outlay, no requirement to live onsite and no set office hours this optimises operational flexibility.

LOOKING FOR A BIGGER NET PROFIT? READ ON….

We have a separate off-market business-only portfolio for sale within the same street. Acquiring both portfolios would take the combined income to over $800,000 with no real estate component. Across the two portfolios, there are estimated 80 externally managed units which indicates substantial income growth potential.

Contact Jeff today to make an inspection!

- Business-only portfolio with net profit exceeding $403,000
- No requirement to live onsite, maintain office hours, or purchase real estate
- Body corporate remuneration exceeding $277,000, representing approximately 70% of total income
- Low-maintenance caretaking focused primarily on common area cleaning
- Letting pool of 37 apartments with upside to convert 31 externally managed units
- 18 years remaining on accommodation module agreements
- Walking distance to Nundah Railway Station, cafés, restaurants, pubs, and transport
- Large-scale portfolio positioned within a transit-oriented residential precinct
- Option to acquire an additional nearby portfolio generating a further $400,000+ net profit
- Inspections by appointment only
Date updated: 07 Jun 2026 23:00:08

Business Summary