Modern MLR Gem in Mitchelton – Strong Returns, No Office Hours!
A superb opportunity to secure a modern, easily managed business in Brisbane’s sought-after northside. This tightly held management rights business combines a quality lifestyle with strong income and long agreement tenure – all just 9km from the CBD.
• Nett Profit: $94,900
• Business Price: $485,000 @ 5.1x
• Total Price: $995,000 – ROI: 9.5%
• Agreement: 20 years remaining – Accommodation Module
• Manager’s Unit: Stylish 2 bed, 1 bath with quality finishes
• Office: No set hours – located on exclusive use title
• Letting Pool: 9 units under management with potential to grow
Located within walking distance to public transport, Brookside Shopping Centre, parks, and cafés, the complex enjoys strong rental demand from tenants seeking convenience and lifestyle. The area is popular with families and professionals, offering excellent schools, leafy surrounds, and easy access to the city.
This business is ideally suited to both newcomers entering the industry and experienced operators looking for a well-rounded, low-maintenance addition to their portfolio. With a solid letting pool already in place and potential to increase units under management, the upside is clear.
Tightly held and priced to sell. Enquire now to secure this rare opportunity in one of Brisbane’s most tightly held suburbs.
Ras360 – Specialists in Management Rights | Motels | Hotels | Pubs | Parks
