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Service Businesses for Sale in Woolloongabba, QLD

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WOOLLOONGABBA, QLD
$575,000
The Carl Residences presents an outstanding opportunity to secure a modern, caretaking-only management rights business in one of Brisbane's fastest-growing inner-city precincts. With approximately 23 years remaining on the agreements, this is a genuine long-term business offering secure income, minimal operational complexity and significant future upside.The business generates a current Body Corporate remuneration of $97,438 per annum, with a further salary review due in November 2026 prior to settlement, providing an immediate uplift to incoming owners. In addition, the business receives approximately $5,000 per annum in residual ancillary income, which has not been factored into the sale, presenting a welcome bonus from day one.Having been operated by the original owner since completion, this is a genuine sale with well-established systems and an excellent working relationship with a proactive and supportive Body Corporate Committee. The role is focused solely on caretaking duties, making it an attractive opportunity for those seeking predictable income without the demands of a letting business.Positioned within a high-quality residential complex in the heart of Woolloongabba, The Carl Residences offers long-term security, strong committee support and an exceptional foundation for owner-operators or those looking to add a stable caretaking business to their portfolio. Opportunities of this calibre, with lengthy agreements and built-in income growth, are becoming increasingly difficult to secure.**Ras360 Specialists in Management Rights | Motels | Hotels | Pubs | Parks**
$5.54M MR & $580K Unit = Total $6.12M
Positioned in a prime inner-city location close to major transport links, hospitals, shopping, and entertainment precincts, this well-established accommodation business presents an outstanding management rights opportunity with multiple income streams and strong operational flexibility.The complex comprises a quality mix of studio and one-bedroom apartments, with many configured as dual-key rooms to maximise occupancy options and revenue potential. Guests benefit from secure on-site parking suitable for cars, buses, and larger vehicles, complimentary unlimited Wi-Fi, spacious room layouts, and convenient access to public transport and nearby amenities. The Gabba stadium is also within easy walking distance, supporting consistent demand from sporting and entertainment events.Additional business features include a fully leased on-site restaurant operated by an external tenant, a dedicated night-audit room, established after-hours procedures through Nitel phone support services, security monitoring with guest lock-out assistance, and a night safe facility for late arrivals. Reception currently operates standard business hours with reduced weekend and public holiday requirements, supporting efficient management operations.Importantly, there is no requirement for an on-site resident manager, providing added flexibility for operators. The sale also includes exclusive-use occupational authority over multiple storage, linen, maintenance, foyer, reception, and office areas, while the top-floor office suite is excluded from the sale.Ras360 Specialists in Management Rights | Motels | Hotels | Pubs | Parks