Taringa, Queensland

Prime Management Rights in Taringa - Body Corporate Salary 83% of Total Income! | Resort Brokers ID : MR008694

$1,830,967

Business Description

ResortBrokers presents an excellent management rights business opportunity in a high rental demand suburb only 6km from Brisbane CBD and in the catchment of Ironside State School and Indooroopilly State High.

This permanent residential complex offers flexibility with no set office hours and a nominee can reside onsite, a sizeable net profit coupled with multiple successfully topped-up agreements during the tenure of the current manager. These allow for a balanced lifestyle and are ideally suited for a single operator or a working couple.

Selling at an extremely competitive 3.5x multiplier along with a generous body corporate salary that is notably increased annually by CPI and CPI increase is capped by a minimum of 3% and a maximum of 5%.

This MLR opportunity won't last long, call Jessie Shi ---------- today to book an inspection!

- Substantial Net Profit circa $194k with topped-up agreements
- Strong body corporate salary - 83% of total income
- Flexibility of operation with no set office hours, and the nominee can reside
- Body Corporate salary increased by 3-5% pa
- High rental demand suburb only 6km from Brisbane CBD
- Inspections are by appointment only
Date updated: 14 Sep 2025 23:00:05

Business Summary