Toowong, Queensland
Easy Run Business Only Opportunity in Central Toowong
Business Only - $290K
Business Description
This Complex presents a rare opportunity to acquire a business-only Management Rights in one of Brisbane’s most sought-after inner-city suburbs. Situated in Toowong, just moments from the Brisbane River and major transport hubs, this permanent letting complex offers both convenience and strong rental demand.
The complex has no office hours, and no real estate to purchase, making this an ideal investment for those seeking a hands-off income stream. The caretaking duties are minimal and easily managed, supported by a long-term agreement with 22 years remaining and a proactive Body Corporate.
Features secure undercover parking with a designated manager’s space.
Located in the heart of Toowong’s lifestyle and education precinct, the complex is a short distance from the University of Queensland, CityCat terminals, Toowong Village, and local cafés and eateries. The area’s high demand from professionals and students ensures a stable occupancy year-round.
With solid returns and a net profit of over $55,000, This is the ideal for an existing operator looking to expand or a first-time buyer entering the industry.
**Ras360 – Specialists in Management Rights | Motels | Hotels | Pubs | Parks**
Business Summary
Business Snapshot
Price: Business Only - $290K
Net Profit: $55,841 Remuneration / Body Corp Salary: $25,950
Complex Information
Complex Type: PermanentTotal Units in Complex: 23Total Units in Letting Pool: 10Owner Occupy Units: 9Outside Agent Units: 1Agreement Term: 25 yearsAgreement Term Remaining: 22 years
Key Investment Insights
1. Business-only sale priced at $290,000, enabling lower entry capital compared with buying property.
2. Reported net profit of $55,841, providing a positive cashflow profile.
3. Additional remuneration/Body Corporate salary of $25,950, increasing total owner earnings.
4. Long-term management agreement originally 25 years, with 22 years remaining, offering contract stability.
5. No office hours and no real estate to purchase, indicating a low-overhead, hands-off operational model.
6. Minimal caretaking duties described, suitable for an owner seeking limited day-to-day involvement.
7. Secure undercover parking with a designated manager’s space, a practical operational asset.
8. Permanent letting complex of 23 units, with 10 units in the letting pool, 9 owner-occupy units, and 1 outside agent unit, showing a mixed occupancy structure.
9. Prime Toowong location near the Brisbane River, University of Queensland, CityCat terminals, Toowong Village, cafés and eateries, enhancing tenant appeal.
10. Strong demand from professionals and students, supporting stable year-round occupancy and rental demand.
11. Positioned as suitable for an existing operator seeking expansion or a first-time buyer entering management rights, indicating a broad buyer market.
