Dual Off-The-Plan Opportunity - 150 Apartments Business-Only MLRs

Positioned 10klm from Brisbanes CBD, Parque Mitchelton and The Atley Mitchelton, developed by Carbone Developments, represent a rare dual off-the-plan management rights opportunity in Brisbane’s well-established north-western corridor.

These side-by-side permanent residential complexes deliver 150 apartments with completion scheduled for 2026 and 2027. The staggered delivery allows for staged establishment and progressive revenue growth.

The business-only model requires no real estate purchase and operates without set office hours, with two offices provided under occupational authority. An incredible opportunity for experienced management rights operators seeking to add substantial scale to their portfolio through a business-only acquisition

The opportunity delivers a net profit of circa $314,000, underpinned by a substantial $225,000 Body Corporate salary, with brand-new 25-year Caretaking and Letting Agreements ensuring long-term tenure.

Strong remuneration base, and brand new agreements provide a secure foundation, while the permanent letting model and established location offer predictable income streams with growth potential as the complexes stabilise post-completion.