Eight Mile Plains
$5,968,000
6
5
3
Management Rights
- 137 Total Units
- Permanent Complex Type
- 71 Letting Pool
- $428,653 Remuneration
- $664,971 Net Profit
- $1,700,000 Manager's Unit
- BBQ, Pets Allowed, Pool Features
Property Description
EIGHT MILE PLAINS - NET INCOME $665,000 P.A.
Exclusive Management Rights Opportunity: An exceptional opportunity to secure a premium residential management rights business in one of 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: • Two townhouse communities within a short 5-minute drive • No set office hours • Not compulsory for the manager to reside on-site • Management Agreements have terms of over 20 years remaining • Impressive strata sinking fund balances • Well maintained buildings • Supportive Body Corporate Strong & Reliable Income: • Net Profit: $665,000 per annum • Body Corporate Salary: $428,000 per annum • Well-established letting pool with stable occupancy Investment Highlights: • Prime Brisbane location • Mature, proven business • Efficient operational structure • Strong income and capital security Real Estate: Two 3-bedroom townhouses are integrated into the businesses with a market value of $850,000 each. Current rental income is not included in the stated net profit. Opportunity: Businesses within this sought-after location, and of this calibre, are rarely available to the market. Connect Bobo Qi for more information!
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