Magnificent HIGH-RISE Management Rights in the Heart of Kangaroo Point
Magnificent HIGH-RISE Management Rights in the Heart of Kangaroo Point
Magnificent HIGH-RISE Management Rights in the Heart of Kangaroo Point
Magnificent HIGH-RISE Management Rights in the Heart of Kangaroo Point
Magnificent HIGH-RISE Management Rights in the Heart of Kangaroo Point

Magnificent HIGH-RISE Management Rights in the Heart of Kangaroo Point

$1,936,000 Exclusive

Resort Brokers Australia is proud to present to the market a high-rise business in the heart of Kangaroo Point. This management rights business consists of 91 apartments with 30 operating in the letting pool. The building with its North/East facing aspect was constructed in 1994 with each operator taking great pride making sure it is well looked after and kept to it’s true potential.

Key Features

  • No set office hours
  • Requirement to live onsite
  • Experienced managers to assist with transition
  • Stunning 3 bedroom manager’s residence located on the podium level
  • Spacious office for exclusive use attached to the managers residence
  • Solid business that provides a healthy net profit with manageable caretaking duties
  • Wonderful location in the heart of Kangaroo Point
  • Recently refurbished and painted throughout

 

NB: Property inspections are by appointment only

Key Details

Listing Ref: MR004988
Property Type: Management Rights
Region: QLD - Brisbane
Suburb: Kangaroo Point
Sale Type: Management Rights - All
Net Profit: $213,801
Price: $1,936,000

Listing Agent(s)