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Prime Business Only - No Facilities - Full 25 years agreements $180k+NOP | Resort Brokers ID : MRB008921
$975,000
Permanent Management Rights, Brendale QLD
ResortBrokers is proud to present a standout business-only management rights opportunity in Brisbanes fast-growing northside.
Comprising 49 lots with an impressive 42 in the letting pool, this easy-to-run business generates a net profit exceeding $180,000 per annum, plus a body corporate salary of more than $71,997 with 3% CPI increases.
The agreements have recently been topped up to the full25-year term, providing long-term security and demonstrating a supportive relationship within the community.
With no real estate to purchase, no office hours, no facilities and only low-maintenance gardens, this is a genuine low-overhead operation suited to both experienced operators and first-time buyers.
Located in a prime north Brisbane position close to shops, cafes, restaurants and public transport, the complex benefits from strong rental demand and future growth potential.
- Net profit exceeding $180,000 per annum
- Body corporate salary over $71,997 (3% CPI)
- Full 25-year agreement term recently topped up
- All committee members live off-site
- One committee meeting per year
- No office hours and no real estate to purchase
- No facilities, low-maintenance gardens
- Prime north Brisbane location with strong rental demand
- Inspections by appointment only
Date updated: 15 Apr 2026 23:00:01
More Information
- Total Purchase Price: $975,000
- Net Income: $ 181,288
(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