FOR SALE
$1.25M MR & $100k Office = Total $1.35M

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Scarborough QLD 4020

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Exceptional Management Rights Opportunity in Beautiful Scarborough

Discover an exceptional investment opportunity in Scarborough with this management rights business, featuring an office on title. With a net profit exceeding $242,247 and a Body Corporate salary of $212,923 (from a mix of residential and commercial agreements), this business is easy to manage and offers an impressive 17.9% return on investment. There are no office hours or unit purchases required, though the office must be acquired for $100,000. It’s rare to find a complex in Brisbane with such a high return.
- Agreement Term: 17 years remaining on a 25-year agreement.
- Rentals: 14 units
- Body Corporate Salary: $212,923 from a mix of residential ($184,496) and commercial ($28,427) agreements
Located in the picturesque seaside suburb of Scarborough, north of Brisbane, this property is perfectly positioned along a beautiful coastline. Scarborough is renowned for its serene beaches, lively café culture, and strong community spirit, making it a desirable destination for both residents and investors alike.
This rare opportunity is listed by Robert Collins of Ras360 Property Solutions. Don’t miss the chance to secure high-return management rights in this prime location.
**Ras 360 Property Solutions - Management Rights | Motels | Hotels | Pubs | Parks**

Property Details for Contact Agent For Address, Scarborough

Building Type
Commercial

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About Scarborough 4020

The size of Scarborough is approximately 3.3 square kilometres. It has 8 parks covering nearly 6.2% of total area. The population of Scarborough in 2011 was 7,985 people. By 2016 the population was 8,704 showing a population growth of 9.0% in the area during that time. The predominant age group in Scarborough is 50-59 years. Households in Scarborough are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Scarborough work in a professional occupation. In 2011, 57% of the homes in Scarborough were owner-occupied compared with 60% in 2016.

Scarborough has 4,950 properties. Over the last 5 years, Houses in Scarborough have seen a 78.91% increase in median value, while Units have seen a 91.80% increase. As at 30 September 2024:

  • The median value for Houses in Scarborough is $1,061,951 while the median value for Units is $906,844.
  • Houses have a median rent of $620 while Units have a median rent of $620.
There are currently 47 properties listed for sale, and 26 properties listed for rent in Scarborough on OnTheHouse. According to CoreLogic's data, 240 properties were sold in the past 12 months in Scarborough.

Suburb Insights for Scarborough 4020

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Contact agent
Malcolm O'Farrell
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Robert Collins
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RAAS Property Group
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.