Highly profitable Business-Only MLRs with NO common facilities!

Discover the long-awaited High Netting Business-Only permanent management rights in the highly sought-after inner-city suburb of Cannon Hill. This unique opportunity includes four neighbouring mid-rise apartment complexes, featuring 165 modern apartments with absolutely NO common facilities to maintain.

With a genuine business-only structure, there are no requirements to live on-site and no fixed office hours, offering unmatched flexibility. Boasting a strong combined net profit of $538,241, this business promises a robust return on investment backed by a solid Body Corporate salary of $208,747.

The caretaking duties are minimal, focusing on building upkeep and very light garden maintenance, ensuring a very manageable daily workload. Operating under a 25-year Caretaking and Letting Agreement with over 21 to 23 years remaining across the complexes (successfully topped up), this business offers long-term stability and growth potential.

With its strong financial performance, long-term stability, and flexible business structure, this exceptional management rights opportunity represents a compelling investment. For further inquiries or to arrange a confidential discussion, please call us today.