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HIGH-EARNING MR IN BRISBANE'S INNER-NORTH - TOPPED UP TO FULL 25 YEAR TERM

ResortBrokers presents an exceptional management rights business in Grange, featuring 120 townhouses and villas with 26 in the letting pool. The business delivers a net profit exceeding $266,000, underpinned by a secure $199,000 body corporate salary.

A full 25-year Accommodation Module agreement ensures long-term stability. The recently renovated four-bedroom manager’s standalone house includes an on-title office and no set office hours.

Located just seven kilometres from the CBD, and major transport links, this opportunity offers additional income potential from on-site sales and is positioned in a high-demand rental area.

  • Strong net profit exceeding $266,000 
  • Body corporate salary over $199,000, 2.5% CPI 
  • Full 25-year accomodation module agreement recently renewed to maximum term
  • No set office hours and manageable caretaking duties by a single person
  • Recently renovated four-bedroom manager's standalone house with office on title
  • The manager's residence priced at $155k, under valuation - offering outstanding value
  • Additional income stream from on-site property sales services 
  • Located in a high-demand rental and growth area
  • Prime northern inner city fringe position, close to Kedron Brook and major transport links
  • Inspections are by appointment only
Listing Ref MR008932
Property Type Management Rights
Sale Type Management Rights - All
State QLD
Region Brisbane
Suburb Grange
Net Profit $266,677
Price $2,263,995
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Jeff Keast

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