Eight Mile Plains
$2,838,600
3
3
2
Management Rights
- Permanent Complex Type
- 34 Letting Pool
- $207,371 Remuneration
- $325,987 Net Profit
- $899,000 Manager's Unit
- BBQ, Pets Allowed, Pool Features
Property Description
BRISBANE SOUTH - NET INCOME $325,000 P.A.
Exclusive Management Rights Opportunity: An exceptional opportunity to secure a premium residential management rights business in one of South Brisbane's most tightly held communities. Rare Location Advantage: Situated near Eight Mile Plains Shopping Centre with seamless access to the Pacific Motorway (M1), this area is highly regarded for its convenience, established infrastructure and strong community appeal. Particularly popular among professional families and the Asian community, supporting consistent tenant demand and long-term capital growth. Premium Business Profile: • No set office hours • Management Agreements have terms of over 20 years remaining • Impressive strata sinking fund balance • Well maintained building • Supportive Body Corporate Strong & Reliable Income: • Net Profit: $325,000 per annum • Body Corporate Salary: $207,000 per annum (Plus GST) • Well-established and stable letting pool with outstanding occupancy rates Investment Highlights: • Prime South Brisbane location • Mature and proven business • Efficient operational structure • Strong income and capital security Real Estate: 3-bedroom townhouse integrated into the business with a market value of $899,000. Opportunity: Businesses within this sought-after location, and of this calibre, are rarely available to the market. Connect with Bobo Qi for more info!
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