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Business Only MR Opportunity - No Facilities - Low Maintenance Operation

ResortBrokers presents a rare business-only management rights opportunity in Cannon Hill. Operating under 25-year Accommodation Module agreements with 20 years remaining, this low-maintenance business generates a net profit exceeding $65,000, underpinned by a secure body corporate salary of $35,792.

ResortBrokers presents a rare business-only management rights opportunity in Cannon Hill. Operating under 25-year Accommodation Module agreements with 20 years remaining, this low-maintenance business generates a net profit exceeding $65,000, underpinned by a secure body corporate salary of $35,792. With no requirement to purchase a manager’s residence, live onsite or maintain office hours, the business offers exceptional operational flexibility. Caretaking responsibilities are minimal, with only a ground floor foyer and small garden beds to maintain, making it an ideal acquisition for first-time operators, investors or existing management rights owners seeking a straightforward bolt-on business. Combining long tenure, easy caretaking workload and genuine growth potential, this represents an outstanding opportunity to secure an highly desirable business-only operation in one of Brisbane’s most accessible and tightly held locations.

Net profit
$65
Asking price
$328K
Management Rights - Business only

The business at a glance.

  • Business-only opportunity with no real estate to purchase and no requirement to live onsite.
  • Net profit exceeding $65,000 annually with body corporate salary of $35,792.
  • 20 years remaining on 25-year accommodation module agreements providing long-term security.
  • Minimal caretaking obligations limited to foyer and lift areas with no pool, barbecue or garden maintenance.
  • Located 9 km east of Brisbane CBD with direct access via Cannon Hill train station, Wynnum Road and Gateway Motorway.
  • High rental demand suburb with proximity to major employment hubs, Brisbane Airport and Cannon Hill Kmart Plaza.
  • 12 units in letting pool with opportunity to convert external appointments back to management.
  • Suits experienced operators seeking portfolio expansion or first-time buyers entering the industry.
  • Inspection by appointment only.
Business Only MR Opportunity - No Facilities - Low Maintenance Operation

Cannon Hill, QLD

Cannon Hill, QLD

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Jeff Keast

Jeff Keast

Specialist Accommodation Broker, Brisbane

0414 669 007
07 3878 3999

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Same model our brokers use to appraise. Adjust net profit, multiplier, real estate component. The result is indicative — independent appraisal available on request.

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Indicative total$338

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