South Brisbane, Queensland

BRISBANE CITY-FRINGE PERMANENT BUSINESS ONLY MLR WITH NET OVER $580K | Resort Brokers ID : MR008967

$3.8M + $400K Office

Business Description

Located within the city-fringe of Brisbane, this fully established management rights business with 200+ apartments offers incredible flexibility and significant upside potential. There is no requirement to live onsite and no set office hours and a freehold title office offers a professional workspace with reception, back of house and office area. The business has a proven track record demonstrating strong returns, is underpinned by a solid BC salary and with a five year top-up pending, provides long-term security with tenure extending beyond 20 years.

- Verified net profit over $580,000 p.a.
- Over 200 apartments with a permanent letting pool of circa 60 units
- Plenty of upside via conversion ofoutside agents and onsite sales
- Body corporate salary approaching $400,000 p.a.
- High-demand rental location within easy walk of city and well-connected to transport & entertainment
- Stunning onsite amenities including pool, gym, steam, cinema and rooftop area
- 5 year top-up pending will result in 23 years remaining on careataking and letting agreements
- Excellent operationalspace on freehold title with reception, office and back of house, plus storage on EU
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Suited to experienced couples, or established operators looking to add a substantial asset to their portfolio.

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All inspections by appointmentonly

Date updated: 18 Nov 2025 22:00:02