Spring Hill, Queensland

Premium Spring Hill MLR | $466K Net Profit with Exceptional Growth Potential | Resort Brokers ID : MR009401

$2,880,000

Business Description

Outstanding mixed-use management rights opportunity in the heart of high-demand Spring Hill, benefiting from strong employment drivers and proximity to major hospitals, Brisbane CBD, Central Station, and the city’s dining and entertainment precincts. The property is also located less than 3km from the future Olympic Stadium at Victoria Park.

This business delivers a verified net profit of $466,828, underpinned by a substantial $137,856 body corporate salary with clear upside through strategic conversion of outside lettings back into the pool, presenting a pathway to further revenue growth.

Operational efficiency is a key feature. Body corporate-funded pool servicing and extremely low-maintenance garden beds minimise operating overheads, while an off-street, hotel-style front office supports a streamlined management model.

Combining established income with identifiable growth potential, this opportunity offers an attractive proposition for savvy operators to secure a foothold in Brisbane’s thriving accommodation market ahead of Brisbane’s 2032 Olympic Games.

- High net profit of $466,828 inclusive of a solid $137,856 body corporate salary with CPI indexation
- High-demand Spring Hill location with strong employment drivers
- Ideal for a dynamic duo looking to enjoy inner-city living and earning a fantastic income
- Easy to run complex with body corporate paying for pool servicing
- Prime location with easy access walking distance to Brisbane City dining and shopping districts
- Spacious 144sqm two-bedroom, two-bathroom manager's residence with large balcony
- Well-maintained complex with outdoor swimming pool and spa, sauna and barbecue facilities
- Property inspections are by appointment only
Date updated: 25 Oct 2026 23:00:12