[Near CBD | no onsite residence and no fixed office hours] salary accounts for 82% of total net income $ $340,000/year

Permanent management rights, Moorooka QLD

Business Highlights
– High Body Corporate Salary: Annual salary of $280,000, representing 82% of net profit, offering a highly stable income structure.
– Salary increases annually in line with CPI, ensuring consistent growth.
– Total annual income: $389,000 Net profit: $340,000
– Purchase includes the business and a separately titled office:
* Business price: $1.67 million (multiplier: 4.88)
* Office price: $120,000
* Total price: $1.79 million
– high-yield investment opportunity.

Operational Advantages
– Caretaking agreement has no set office hours, no onsite residence requirement, and no gate or CCTV system – making the complex easy to manage.
– Body Corporate covers pool maintenance and part of the gardening costs, resulting in low workload.

Prime Location
– Only 7 km from Brisbane CBD
– Walking distance to bus stops, train station, schools, and parks
– Just a few minutes drive to major shopping centres
– Strong rental demand with zero vacancy rate

Key Information
Item Details
Module: Accommodation Module (long-term rentals)
Agreement Term: 25 years (remaining term TBA)
Building Type: Apartments & Townhouses
Building Age: Approx. 15 years
Total Units: TBA
Letting Pool 19 units
Amenities Swimming pool + gym
Pet PolicyPets allowed with Body Corporate approval