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WEST END BUSINESS-ONLY MLR - $240K NET, NO REAL ESTATE, MINIMAL DUTIES | Resort Brokers ID : MRB009070
$1,513,000
Permanent Management Rights, WEST END QLD
ResortBrokers presents a rare business-only management rights opportunity in West End, delivering a net profit of $240,132 with exceptional lifestyle flexibility. This modern apartment complex requires no real estate purchase, no on-site residency, and no office hours, making it ideal for established operators seeking a bolt-on acquisition or first-time buyers seeking entry without a capital burden. The secure 22-year accommodation module agreement provides $149,376 in annual body corporate remuneration, indexed to the CPI, ensuring predictable income growth with absolute certainty.
Caretaking duties are minimal, with only a rooftop pool to maintain, allowing operations to continue alongside existing portfolios or other commitments. No set office hours provide genuine lifestyle freedom, while a dedicated office supports professional service delivery without requiring the purchase of commercial property.
West End's position as Brisbane's premier inner-city suburb drives consistent tenant demand, with Boundary Street's retail precinct, South Bank's cultural attractions and CBD access ensuring strong occupancy fundamentals and stable returns. This opportunity combines low workload, secure agreements and operational flexibility in one of Queensland's most sought-after locations.
Secure 22-year accommodation module agreements with body corporate remuneration of $149,376 annually
- Genuine business-only structure with no real estate purchase and no requirement to live on-site
- Net profit of $240,132 - Excellent investment in a hugely popular region with great accessibility
- Minimal caretaking duties withno office hours
- Dedicated office for the manager's exclusive use without the cost of purchasing commercial real estate
- Prime West End location with strong tenant demand driven by proximity to South Bank, Boundary Street retail precinct and Brisbane CBD
- Ideal for established operators seeking a bolt-on acquisition or first-time buyers wanting entry-level exposure with operational flexibility
- Inspections are by appointment only
Date updated: 02 Feb 2026 22:00:02
More Information
- Total Purchase Price: $1,513,000
- Net Income: $ 240,132
(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