Large Established Management Rights in Brisbane With No Unit to Buy
A substantial, established management and letting rights platform in inner-city Woolloongabba, offered as a pure business-only acquisition with no manager’s residence or office to purchase.
Business only. No manager’s residence. No office acquisition required.
Business Description
SIRE exclusively presents for sale this large established management and letting rights business in Woolloongabba, offered on a business-only basis with no manager’s residence or office to buy.
For the right buyer, that creates a cleaner entry point. Capital is directed into the income-producing business itself rather than being tied up in additional real estate, which can improve flexibility from day one.
The income profile is anchored by accountant-verified nett operating profit of $428,704 per annum, together with an approximate body corporate caretaking salary of $137,660 per annum. This is an established platform with real scale, immediate operational depth, and long-term contractual footing.
The business manages 76 income-producing managements comprising 62 rentals within the complex and a further 14 outside rentals. With 93 total lots in the complex and approximately 20 years remaining on the caretaking and letting agreements, the asset offers both operational substance and contract longevity.
Positioned in Woolloongabba, one of Brisbane’s key inner-city precincts, the business sits in a location supported by strong accessibility, established amenity, and broader precinct investment.
Key Highlights
- Business-only sale with no manager’s residence or office to purchase
- Accountant-verified nett operating profit of $428,704 per annum
- Body corporate caretaking salary of approximately $137,660 per annum
- 93 total lots providing genuine operational scale
- 76 managements in total, including 62 in the complex and 14 outside rentals
- Approximately 20 years remaining on the caretaking and letting agreements
- Established inner-city Brisbane location with enduring tenant and investor relevance
- Originally developed by HG Developments
Request Further Information or Inspection Details
Confidential sale. All enquiries, inspections, and information requests are to be directed through SIRE. Please do not approach staff, residents, or the building directly.
