Taringa, Queensland
Huge Income and Rare Opportunity - Student Accommodation MR Business in Brisbane
SOLD
Business Description
NEXT Realty is proud to present an exclusive opportunity to acquire the management rights of a rare student accommodation permanent management rights business in Brisbane, indeed it is a unique opportunity for astute investors seeking stability, growth, and long-term returns.
Key Features
- Well-established student accommodation business in Brisbane, the Host City of the 2032 Summer Olympics
- Huge Net Income $503,540 in the P&L prepared by a professional Industry Accountant
- Fantastic Body Corporate salary of $165,330, with annual increase by CPI
- Well-run building, well-established business and experienced staff, all procedures documented
- Complex very popular with students
- Healthy Body Corporate relationship in place
- 18 years long term agreements on a BCCM Accommodation Module
- Spacious office on ground floor, be contactable during normal hours
- Manager Lot was valued by a Industry Specialist Valuer on bank panel
If you want to buy a well-established operation with strong financials management right business, it ticks all your boxes, please book your inspection immediately with Exclusive Agent - NEXT Realty
Inspection by appointment only
Business Summary
Key Investment Insights
1. Located in Brisbane, the Host City for the 2032 Summer Olympics, offering potential demand and profile benefits.
2. Reported net income of $503,540 in a P&L prepared by a professional industry accountant.
3. Body Corporate salary of $165,330, with annual increases indexed to CPI.
4. 18-year long-term agreements under the BCCM Accommodation Module, providing contract stability.
5. Well-run building with experienced staff and documented procedures, supporting smooth operations and transition.
6. Complex described as very popular with students, indicating strong occupancy and tenant demand.
7. Healthy Body Corporate relationship in place, reducing operational friction and governance risk.
8. Manager Lot professionally valued by an industry specialist valuer on a bank panel, supporting financeability.
9. Spacious ground-floor office, enabling accessibility and normal-hours contactability.
10. Exclusive listing with NEXT Realty, inspections by appointment only, indicating controlled marketing and a single-point agent.
