$720K+ Net - established permanent portfolio in Kangaroo Point

ResortBrokers exclusively presents an exceptional trio of permanent management rights located in Kangaroo Point directly opposite the CBD. River Reach, Riverscape and The Point. These modern complexes are underpinned by a blue-chip location and come with lengthy tenure remaining along with strong historical occupancy in excess of 99% throughout the year, reflecting the strength of the local rental market and the quality of the operation.

The businesses offers excellent security, with an annual combined BC salary over $550,000 representing more than 75% of total net profit and benefiting from annual CPI-linked increases. A comprehensive Profit & Loss statement, is available to qualified purchasers, providing confidence in the quality and sustainability of the income stream.

Long-held by the current owner, the business has been professionally managed throughout and presents an outstanding opportunity to acquire a stable, and highly regarded management rights business.