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New Agreements, Easy to manage Northside MR
netting over $190,000
$775K MR & $535K UNIT = TOTAL $1.31M
The Avenues is a welcoming, semi-modern townhouse complex in the relaxed suburb of Morayfield, just north of Brisbane. Here, you’ll find a well-kept community of 104 residences, made up of 52 two-bedroom units, 51 three-bedroom townhouses, and a comfortable on-site manager’s unit.
The business is straightforward and enjoyable to run, with 20 permanent-let units in the letting pool, 6 managed by outside agents, and the remainder owner-occupied. It’s the kind of complex where neighbours know each other, and the pace is calm, making it an ideal environment for both residents and managers.
The manager’s unit sits towards the centre of the complex and is a single-level detached townhouse that’s both practical and private. With three bedrooms, one bathroom, and a single garage, it’s an easy home to enjoy. The office/reception is attached and on title, giving you the convenience of working from home while keeping business and personal life neatly separated. The total internal space is 152 sqm, plus a generous 315 sqm of surrounding land on title...
Price: $1,131,000
Net Profit: $199,369
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Secure, Scalable & Coastal
– Dual-Complex MR
Earning $308K+
$1,667MR & $1.23M UNIT = TOTAL $2.897M
Welcome to Fleet Drive Management Rights, an exceptional lifestyle and income opportunity in the sought-after bayside suburb of Kippa-Ring, part of the vibrant Moreton Bay region just north of Brisbane. Comprising 30 Fleet Drive and 54 Fleet Drive, these two adjoining townhouse complexes offer the rare advantage of being run together, yet administered under separate schemes with long-term security of 20 and 23 years remaining on their accommodation module agreements. Together, they deliver a net income of over $308,000.
The combined 150 residential lots feature 148 spacious three-bedroom townhouses, two manager’s residences, and a thriving letting pool of 37 permanent rentals, alongside a mix of owner-occupied and externally managed homes. The main manager’s townhouse at Lot 1 is a modern four-bedroom, two-bathroom home with a private courtyard, double garage, and an on-title office—perfect for blending work and home life. The secondary unit at Lot 35, a three-bedroom, two-bathroom townhouse with single garage and on-title office, is currently tenanted, adding extra income or offering flexibility...
Price: $2,897,000
Net Profit: $308,839
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