Business Only Townhouse Complex - $230K Net Profit at Attractive 5.1x multiplier

ResortBrokers proudly presents a compelling business-only management rights opportunity, now available at an attractive 5.1x multiplier. Situated in the high-growth suburb of Mitchelton, the complex comprises 45 contemporary three- and four-bedroom townhouses, with 42 currently in the on-site letting pool, delivering a net profit exceeding $230,000. A key strength of the business is the stable ownership profile, with more than 80% of lots held by long-term superannuation fund investors. This has contributed to low resident turnover and strong rental demand within this tightly held inner north-west Brisbane location. Underpinned by 23-years remaining on accommodation module agreements. Caretaking duties are efficient and manageable, with no pool, barbecue areas or shared recreational facilities to maintain. This low-maintenance operation delivers outstanding flexibility, with no fixed office hours and no requirement to reside onsite. Ideally suited to an experienced operator seeking portfolio growth or a first-time buyer entering the management rights industry, this is a rare opportunity to acquire a highly profitable, business-only management rights business in one of Brisbane’s thriving growth corridors. Offering strong returns, operational simplicity, and strong rental uplift, this opportunity is not to be missed.