West End, Queensland

Business-Only Dual Management Rights Delivering $380,714 Net Profit | Resort Brokers ID : MRB009231

$2,440,000

Business Description

ResortBrokers presents a business-only management rights opportunity delivering $380,714 net profit from a 54-unit letting pool across two modern inner-city Brisbane apartment building complexes. With no real estate to purchase and no requirement to live onsite, the accommodation module offers superior flexibility for both established operators seeking a bolt-on acquisition and newcomers wanting exposure to Brisbane's inner-city rental market without the capital burden of a manager's unit.

Priced at $2,440,000 positioning it as a compelling investment in a market where business-only assets remain tightly held and highly sought after. Both agreements have been successfully topped up to 24 and 23 years, with both body corporate committees maintaining excellent working relationships with the current operator.

With no set office hours and the ability to live anywhere, the business delivers genuine stable income potential while caretaking duties are deliberately light across both sites with primary focus on cleaning. Each complex provides a dedicated office on title, supporting professional operations without the overhead of purchasing commercial real estate.

The opportunity suits two distinct buyer profiles: existing management rights operators looking to scale their business through a hands-off addition, or first-time buyers seeking entry to the sector with minimal capital outlay and operational flexibility.

- Business-only structure delivering $380,714 net profit with no requirement to purchase or reside in a manager's unit and no requirement to live onsite
- Dual inner-city Brisbane city portfolio with no set office hours
- Long-term security with 24-year and 23-year agreements successfully topped up
- No set office hours, enabling remote management or seamless integration into existing operations
- Light caretaking focused primarily on common area cleaning
- Highly desirable inner Brisbane city locations only minutes drive to well renouned private and public school, CBD and shopping/dining districts
- Dedicated offices at both complexes for manager's exclusive use, supporting professional operations without commercial real estate purchase
- Excellent body corporate relationships with supportive committees and established operational systems across both sites
- Inspection by appointment only
Date updated: 03 Jun 2026 23:00:02

Business Summary

Business Snapshot

Price: $2,440,000 Net Profit: $380,714 Remuneration / Body Corp Salary: $196,591

Complex Information

Complex Type: PermanentTotal Units in Complex: 113Total Units in Letting Pool: 54Owner Occupy Units: 40Agreement Term Remaining: 24 years
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