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Solid Income and Large Remuneration Centrally in Teneriffe

$3,158,000 ONO

Teneriffe, Queensland

Solid Income and Large Remuneration Centrally in Teneriffe

NEXT Realty is proud to present an exclusive opportunity to acquire the management rights of a large income permanent management rights business in Teneriffe, indeed it is a good opportunity for astute investors seeking stability, growth, long-term returns as well as a good lifestyle.

MLR Business Asking for $2,058,000 on Net Income $363,525
Manager Residence is a large 2/2/1 apartment plus on-title office at $1,100,000

High quality complex, perfectly located in the prestigious heart of Teneriffe, most sought after nature environment for quality lifestyle, Tucked within the heritage-rich Woolstore precinct, you're just moments from the Brisbane Riverwalk, Gasworks dining, James St and public transport - with the CBD just minutes away.

- Great Buildings in Teneriffe Area and all good procedure in place
- Great remuneration $248,898 with annual increase of CPI
- Very solid P&L statement, verified by industry specialist accountant
- 20 years+ left on Caretaker/Letting Agreements
- Manager Residence - A large 2/2/1 Apartment, plus a large office and storage on title,
- There are long-term good subcontractors - gardening and cleaning in place
- No offices hours, be contactable during normal hours

If you want to buy a great management right business and beautiful lifestyle, it ticks all your boxes, please book your inspection immediately with NEXT team.

Features

Managers Unit

    Complex Information

    Business Links / Tools

    Last updated: 21st April 2026

    Summary

    Property Type
    Business
    Contract Type
    For Sale
    Location
     Teneriffe
    State
     Queensland
    Price
    $3,158,000 ONO
    Category
    • Management Rights

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    Agency

    Next Business and Property Sales

    Next Business and Property Sales

    Contact

    David Jiang