Contact Agent For Address, Aspley, QLD 4034 | Commercial for sale | OnTheHouse
FOR SALE
$575k MR & $835k Unit = Total $1.41m

Contact Agent For Address
Aspley QLD 4034

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Exceptional Brisbane Northside MLR Income, Lifestyle & Location in One

Exceptional Brisbane Northside MLR – Income, Lifestyle & Location in One
Delivering an impressive 9.07% ROI, this high-performing Brisbane Northside MLR offers the perfect blend of reliable income, flexible operation, and quality onsite living - all in one of the city’s most liveable and connected northern suburbs.
- Total Net Operating Profit: $127,85, $117,174 from core letting & $10,677 from external letting
- Business Price: $575,000, Core letting: $548,500 @ 4.68x, External letting: $26,500 @ 2.5x, Blended multiple: 4.5x.
- BC Salary: $102,370 (ex GST), Agreements: Recently topped up – 25 years remaining
- No office hours or requirement to live onsite. Current duties handled by a single operator
Just 12km from Brisbane’s CBD, this tightly held complex is ideally situated within the city’s fast-growing northern corridor - prized for its accessibility and amenity. Residents enjoy proximity to Westfield Chermside, a wide range of public and private schools, major arterial roads, public transport, and local cafés, parks, and health services. It’s a suburb that continues to attract strong owner-occupier and tenant demand alike.
The manager’s unit is a rare, renovated 4-bedroom home featuring two bathrooms, three car spaces, and a modern, private layout ideal for families or couples seeking more than just a functional base. Recently updated with quality finishes and thoughtful design, the home offers excellent separation of space, a light-filled living area, and a private outdoor area for entertaining or relaxing. Option to let the manager’s unit adds further upside to the already strong returns.
• Excellent ROI in a high-demand rental location. Topped-up agreements with long tenure.
• No office hours or residency requirement. Low overheads – currently run by one operator.
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Property Details for Contact Agent For Address, Aspley

Building Type
Commercial
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About Aspley 4034

The size of Aspley is approximately 6.5 square kilometres. It has 17 parks covering nearly 13.8% of total area. The population of Aspley in 2016 was 12108 people. By 2021 the population was 12871 showing a population growth of 6.3% in the area during that time. The predominant age group in Aspley is 40-49 years. Households in Aspley are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Aspley work in a professional occupation.In 2021, 69.30% of the homes in Aspley were owner-occupied compared with 69.50% in 2016.

Aspley has 5,567 properties. Over the last 5 years, Houses in Aspley have seen a 96.88% increase in median value, while Units have seen a 100.31% increase. As at 30 November 2025:

  • The median value for Houses in Aspley is $1,257,978 while the median value for Units is $827,730.
  • Houses have a median rent of $718 while Units have a median rent of $600.
There are currently 18 properties listed for sale, and 17 properties listed for rent in Aspley on OnTheHouse. According to Cotality's data, 230 properties were sold in the past 12 months in Aspley.

Suburb Insights for Aspley 4034

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Contact agent
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Malcolm O'Farrell
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RAAS Property Group
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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.