MINIMAL DUTIES - BUSINESS ONLY MLR - $168K NET INNER-NORTH BRISBANE

With minimal maintenance, with no office hours and no real estate to own, Huntington and Ascot are only 10 minutes apart in Brisbane’s vibrant inner north corridor. These two building operate as business-only management rights and with an impressive net profit of $168k, are perfect for savvy operators looking to grow their portfolio.

The buildings were completed in 2019 (Huntington) and 2018 (Ascot) ensuring modern buildings and amenities coupled with enviable, CBD-fringe locations which renters love. This is a strong performing, fully established, permanent Business Only management rights opportunity not to be missed!

  • Modern mid-rise apartment complexes
  • Strong $168,000 net profit
  • No set office hours, no real estate to own or live in
  • Total of 63 apartments with 40 in the combined letting pool
  • 21 and 21 years remaining on Accommodation Module agreements
  • Both buildings have same BC strata company
  • Great Body Corporate salary of $73,238 p.a.
  • Ideal opportunity for newcomer or as an add-on for local operator
  • All inspections by appointment only
Frank Matus

Interested? Why not give Frank Matus a call on 0435 742 698 or