Stafford, Queensland

LARGE NET BUSINESS-ONLY IN NEAR-CITY LOCATION | Resort Brokers ID : MRB006621

$1,377,020

Property Description

With upside potential, a strong Body Corporate salary and manageable caretaking requirements, this business-only management rights is the perfect add-on or entry level option for a two-person team.



  • 156 modern apartments with quality design and fitout

  • 41 letting appointments, 30 resident owners and 85 outside agents

  • $270,000 net profit with large portion of BC salary

  • No requirement to own a unit or reside on-site

  • No office to manage and no set hours

  • Upside to be explored by adding in repairs and maintenance

  • Central communal pool and BBQ area for resident use

  • Located in booming suburb circa 8km to Brisbane city centre

  • Opposite Stafford Shopping complex, walk to bus stops & close to Airport Link

  • 15 years remaining on Agreements ready for top-up

  • Very desirable position with consistent demand for rentals


Date updated: 02 Jun 2021 13:00:06

Property Summary

Business Snapshot

Price: $1,377,020 Net Profit: $273,895 Remuneration / Body Corp Salary: $210,770

Managers Unit

Complex Information

Complex Type: PermanentTotal Units in Complex: 156Total Units in Letting Pool: 41Holiday Units: 41Owner Occupy Units: 30Outside Agent Units: 85Agreement Term Remaining: 17 years
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