Under Contract

INVESTOR-LED BUSINESS ONLY MLR COMPLEX INNER-BRISBANE W/ $163K NET PROFIT

ResortBrokers exclusively brings to market this upscale business-only management and letting rights opportunity in the highly desirable Brisbane suburb of Windsor. This business has brand-new agreements with 23 years remaining, providing a long tenure for this investor-orientated complex in one of Brisbane’s prime rental corridors. Having no requirement to live onsite and no set office hours to maintain, with extremely manageable duties this opportunity is priced to sell quickly to the astute operator!

  • Strong letting pool with investor-led, apartment stock
  • Attractive net profit over $163,427 p.a – to 30 April 2024
  • No set office hours and no requirement to live on-site
  • Of the 49 apartments there are five 2 bedroom units which have dual-living, with a total of 42 in the letting pool.
  • 25 year caretaking and letting agreements – 23 years tenure remaining
  • Solid BC salary of $81,320 per annum plus GST
  • 5 sqm Manager's office on ground level plus 3 sqm cleaner's sink and store on level 1
  • Building completed in 2017 w/ extremely manager-friendly duties
  • No pool, no gym – only a small rooftop common area
  • All inspections by appointment only 
Frank Matus

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