Exclusive Opportunity: High Net Business Only Management Rights in Teneriffe!

Unlock a golden opportunity with our exclusive business-only management rights in vibrant Teneriffe.

Boasting a verified net profit of $252,000, this modern mid-rise building is a lucrative venture in the highly sought-after and trendy suburb. With manageable duties (only a terrace and barbecue on the rooftop) and no on-site living requirements, enjoy a manager-friendly business that suits an existing operator looking to seriously level up! With a spacious office yet no stipulated office hours as well as flexibility in how the business is operated day to day, this business has long-term agreements ensuring stability and growth potential.

Businesses of this calibre don’t last long so contact us today to discuss this fantastic management rights business right in the heart of Teneriffe.

  • Proven net profit of $252,787 independently verified by a trusted industry accountant
  • Effortless management with only a rooftop barbecue area to maintain, no pool or gym
  • Freedom and flexibility with no requirement to live on-site or purchase a unit, just an office that provides voting rights
  • Spacious 32sqm ground level office with reception and storage and no mandated office hours
  • Long-term security with 20 years remaining on the Caretaking and Letting agreements
  • Modern complex built in 2014, comprising 111 apartments with 41 in the letting pool
  • Promising growth potential with continued demand and rising rents
  • Prime location in a highly desirable high-rise building in the heart of Teneriffe
  • Inspections are by appointment only
Listing Ref MRB008139
Property Type Management Rights
Sale Type Management Rights - Business only
State QLD
Region Brisbane
Suburb Teneriffe
Net Profit $252,787
Price $1,756,722
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Frank Matus

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

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Jeff Keast
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