$295k MR & $640k Unit = Total $935k

Carseldine, QLD 4034

Services Management Rights

North Side Caretaking Only Complex with a managers unit under a million bucks

For sale: management rights at Castlebrook, a peaceful and well-maintained residential complex in Carseldine. This caretaking-only opportunity offers a steady annual net profit of $91,000, with no letting component or license requirements, making it a low-complexity business.

Priced at $295,000 with a 3.2x multiplier, this business presents excellent value. The accompanying manager’s unit, valued at $640,000, features modern amenities and provides a comfortable living space. The total package is available for $935,000, offering both a rewarding business and a desirable residence. With 10 years remaining on a Standard Module agreement, there is long-term stability for the buyer.

Castlebrook enjoys a prime location surrounded by parklands and walking trails, offering a serene lifestyle with proximity to essential amenities such as Aspley Hypermarket and Westfield Chermside. The complex features well-kept gardens, a pool, and a BBQ area, catering to residents who appreciate a quiet, community-focused environment. The majority of villas are owner-occupied, contributing to the overall tranquillity and security of the neighborhood.

This is a rare opportunity to acquire an established business in one of Brisbane’s most attractive areas. Don't miss the chance to secure this lifestyle and investment opportunity—get in touch today to explore how Castlebrook could fit your future

**Ras360 – Specialists in Management Rights | Motels | Hotels | Pubs | Parks**

Property Info

Municipality
Carseldine
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