Profitable & Low-Maintenance Management Rights in Nundah – $182K Net Profit, 13.03% ROI
Located in one of Brisbane’s most desirable inner-north suburbs, this well-established accommodation module complex offers secure, high-return investment potential with $182,656 net profit and long-term agreements (23 years remaining). Positioned just minutes from Nundah Village, Chermside, and Brisbane CBD, this business benefits from strong rental demand and low vacancy rates, making it a solid and future-proof opportunity.
– $182,656 net profit with a strong 13.03% ROI
– Caretaking salary of $118,725, increasing annually in April by CPI
– 75-unit complex with a 26-unit letting pool – stable and well-positioned in a rising market with limited rental supply
– No set office hours, offering flexibility in workload management
– Proactive & cooperative Body Corporate with an established working relationship
– Well-maintained grounds & pool with quality equipment, including a ride-on mower & trailer. Reliable trades support for after-hours emergencies
– Efficient operation with well-documented systems & procedures. Up-to-date WH&S certification. Comprehensive vendor handover & support available for a smooth transition
The fully renovated three-bedroom manager’s residence features built-in wardrobes, a modern kitchen, upgraded bathrooms, and ample storage. Designed for comfort, it includes air-conditioning, ceiling fans, and solar panels. The fully fenced courtyard offers a large covered entertaining area and a low-maintenance garden. Ideally located, it’s within walking distance to public transport, schools, Nundah Village and Kalinga Park and just minutes from Chermside’s shopping and dining precincts.
This secure, profitable, and easy-to-manage business offers a strong return and excellent lifestyle benefits in one of Brisbane’s most desirable suburbs. Don’t miss this opportunity!
Ras 360 – Specialists in Management Rights | Motels | Hotels | Pubs | Parks