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Business Only in Prime North Brisbane Location - No Facilitiesâ $178K NET | Resort Brokers ID : MRB008921
$1,015,000
Permanent Management Rights, Brendale QLD
ResortBrokers is delighted to present a unique Business Only management rights business in Brisbanes growing northside.
The complex comprises 49 lots with 42 in the letting pool, generating a net profit of more than $178,000 plus a CPI-indexed body corporate salary of over $68,700. Agreements have 21 years remaining, providing long-term security.
With no facilities to maintain, low-maintenance gardens, no set office hours, and no real estate to purchase, this is a streamlined, low-overhead business ideal for both new entrants and experienced operators.
Positioned in a high-growth location close to shops, cafes, restaurants, and public transport, benefiting from consistent rental demand and future upside potential.
- Net profit exceeding $178,000 per annum
- Body corporate salary over $68,700 (3% CPI)
- 21 years remaining on agreements
- No office hours and no real estate to purchase
- No facilities, low-maintenance gardens
- Strong rental demand in a high-growth area
-Prime north Brisbane location near shops, cafes, and restaurants
- Inspections by appointment only
Contact Jeff today to inspect! Date updated: 03 Oct 2025 23:00:02
More Information
- Total Purchase Price: $1,015,000
- Net Income: $ 178,033
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 0
The value of on-title property included with the business. Its price is included in the Total Purchase Price. - Multiplier: undisclosed
Estimated number of years till the Net Income reaches the Purchase Price of the business component. Other factors such as lifestyle, workload, location and offering should always be considered ahead of the multiplier when evaluating a Management Rights business.
Number of units the manager is authorised to manage.
Number of units resided in by their owners.
Number of units owners are not renting out, but also do not live in.
Number of units being rented by other agents (these could potentially be acquired by the manager).
The total number of units within the complex.
This is the body corporate caretaker salary. It is included in the Net Income above.
How long is the caretaking contract.
How long remains on the caretaking contract before it must be renewed?
How long has the management rights existed.
Required Office Hours