Red Hill Business-Only Management Rights; a Perfect add-on for a local operator

ResortBrokers is delighted to present to market this well-established compact business-only management rights opportunity situated in Red Hill, QLD. This property is perfectly positioned as an excellent 'add-on' or incremental growth opportunity for an existing local operator or a new manager looking to gain a foothold in the market. The business enjoys 100% year-round due to its ideal location next to QUT.

With no real estate to purchase, no set office hours and only 19 apartments turning over $45,000 ($35,000 net income), it is expected that this opportunity will be snapped up by an operator able to move quickly, suiting a cash buyer. So don't miss out on this outstanding opportunity and contact today for further information.

  • No pool, gym or barbecue areas to maintain
  • No requirement to live onsite
  • Only 19 apartments in total
  • Manager only required to be contactable during business hours (Monday - Friday)
  • Small business-only Management Rights with a high Net of $35k ($45k turnover)
  • Highly desirable inner-city suburb of Red Hill and next to QUT, consistent 100% rental occupancy
  • Property inspections are by appointment only
Frank Matus

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