Property Description

FOUR NEAR-NEW NORTH-SIDE BUSINESS-ONLY MANAGEMENT RIGHTS | Resort Brokers ID : MRB006520

For the first time ever to market, ResortBrokers is excited to bring you this exceptional business-only MLR opportunity of significant scale boasting a net profit in excess of $500K.

The perfect acquisition for an astute management rights operator to secure the premium business-only rights to four high quality complexes located within close proximity to each other on the northside of Brisbane.

• Unique bundle of four independent complexes built between 2018 - 2019


• Between 23-24 years remaining on Caretaking and Letting Agreements


• 163 apartments / townhouses across the four properties


• Offering 143 letting appointments in total


• Solid combined Body Corporate salary of $172,511 per annum


• No set office hours and no real estate to purchase


• 3 x modern apartment buildings and 1 x mid-scale townhouse site of 52 units


• Easy caretaking workload with minimal communal facilities


• All four are located close to major employment nodes ensuring tenant stability

Date updated: 15 Jan 2021 23:00:06