SUPER-RIGHTS WITH 1 BC AND HIGH $912K NET - INNER-CITY LOCALE

The established Management and Letting Rights to this luxury complex in Albion is an outstanding opportunity to operate a significant-scale Brisbane business in a prime, inner-city location.

  • Fully established complex with permanent rentals
  • Recently topped up Agreements with 24 years remaining
  • Exceptional BC Salary of $498,814 p.a. - one BC scheme
  • 369 apartments with high letting pool of 225 and scope to grow
  • Luxury 1-bed / 1-bath apartment to own
  • Spacious manager’s office and storage under OA
  • Standard 9am–5pm Mon-Fri office hours (contactable by phone)
  • Net profit of $912,394 verified by specialist industry accountant
  • Extremely manageable caretaking duties
  • Excellent transport, vibrant village lifestyle
  • All inspections by appointment only
Listing Ref MR007576
Property Type Management Rights
Sale Type Management Rights - All
State QLD
Region Brisbane
Suburb Albion
Net Profit $949,394
Price $6.84M BUS + $550K RE
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Frank Matus

Interested? Why not give Frank Matus a call on 0435 742 698 or

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Tim Crooks
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