Mins away from Brisbane CBD, this unique complex is conveniently located in central Kelvin Grove yet is very quiet and low maintenance.

The business can be run by one person part time and the onsite manager can also have a small dog, no lawn mowing here! The rental units are in high demand with 2 bed renting for $385-$420pw and 3 bed for at least $430pw.

Manager’s unit is a high-set timber townhouse with ducted Air Con. 3 large bedrooms, 2 bathrooms with ensuite and dryer, modern kitchen with dishwasher, 2 lovely verandas and a large backyard.

Net Profit $120,000 including Body Corporate Salary of $60,032 which could increase by 5% every year. Total price $1,045,000 including the manager’s residence. All committee members are investors, easy to manage.

For more details and a range of other management right businesses for sale across Queensland, please contact the agent. A copy of the Sustainability Declaration is available on request.