3x Multiplier! Permanent MLR - Solid Investment Opportunity

ResortBrokers presents a solid investment opportunity in the high-demand Calamvale, Brisbane South Side. This well-established modern townhouse complex operates under a 25-year Caretaking and Letting Agreement, with over 21 years remaining (successfully topped up).

Minimal caretaking required, with a strong Body Corporate salary accounting for over 86% of the net profit. The Manager's Unit features three bedrooms, a large study (potential 4th bedroom), two bathrooms, a double garage, and a separate office attached with separate entrance. Potential for significant growth by converting units managed by outside agents back into the onsite letting pool.

This management rights presents a solid business suitable for a first-time buyer looking to secure a low maintenance business with stable income or a savvy operator to run as a side business. Or may also be suitable for buyers who has family commitment and looking to purchase a good quality modern property in the ever popular south side area of Brisbane - Calamvale, whilst enjoying a solid additional income.

It's an exciting opportunity for the astute buyer, so reach out with your inquiries promptly to avoid missing out.