Taringa, Queensland

Business-Only Duo | 70% Salary Income | $140,679 Net | No Real Estate Purchase | Resort Brokers ID : MRB009415

$730,000

Business Description

ResortBrokers presents an attractive duo of business-only management rights across two well-maintained residential complexes in high-demand rental suburbs, comprising 69 apartments and generating a net profit of $140,679.

With approximately 70% of income derived from body corporate salary, this established operation offers an appealing return without the significant capital outlay associated with purchasing real estate.

There is further potential to increase revenue through letting pool expansion, while retaining relatively light caretaking responsibilities.

Designed for ease of operation, the businesses offer flexible working arrangements with no set office hours, and only one BBQ to maintain (no other common facilities).

This makes the duo an excellent option for first-time management rights buyers or experienced operators looking to expand their existing portfolio.

- Body corporate salary comprises 70% of total income, providing stable, predictable revenue.
- Business-only structure requires no manager's unit purchase and no onsite residence.
- Minimal operational demands with no set office hours enable remote management or portfolio integration.
- Accommodation module agreements with 20 years remaining.
- Located in a high-demand rental suburbs.
- Light caretaking duties with subcontractors managing minimal gardening and common area cleaning.
- No set office hours, flexible operation suits portfolio addition or stand-alone business for first-time buyers.
- Inspection by appointment only.
Date updated: 26 Oct 2026 23:00:04