[Near CBD | no onsite residence and no fixed office hours] salary accounts for 80% of total net income $ $333000/year

moorooka qld
Management Rights Current
[Near CBD | no onsite residence and no fixed office hours] salary accounts for 80% of total net income $ $333000/year
moorooka qld

Description

Business Highlights
– High Body Corporate Salary: Annual salary of $267000, representing 80% of net profit, offering a highly stable income structure.
– Salary increases annually in line with CPI, ensuring consistent growth.
– Total annual income: $349,000 Net profit: $333,000
– Purchase includes the business and a separately titled office:
* Business price: $1.64 million
* Office price: $150,000
* 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 TBA
Amenities Swimming pool + gym
Pet Policy Pets allowed with Body Corporate approval

Details

Updated on May 5, 2026 at 10:06 am
  • Total Purchase Price: 1,790,000
  • Business Multiplier: 4.9
  • Net Income Basis : Actual
  • Net Profit: 333277
  • Letting Pool: 19
  • Remuneration: 267560
  • Agreement Term: 25
  • Agreement Remaining: 15
  • Office Hours: No
  • Live On-Site: No
  • Manager’s Office: 1
  • Can the manager own a pet?: Yes
  • Agreement Module : Accommodation
  • Manager's Unit Price: 150000
  • City Brisbane
  • State/county Queensland
  • Area Moorooka
  • Country Australia

Contact Information

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Bill Li
  • Bill Li