27 Sep 2021
Words Rae Wilson The Courier Mail & News Corp
Regional Queensland property portfolio on market for $20m
A management rights portfolio generating net profit of more than $3.6 million across 11 high-end regional properties is now up for grabs.
The portfolio comprises 815 units, with 597 managed in onsite letting pools, in prime suburbs on the Sunshine Coast, Mackay, Moranbah, and Townsville.
Considered one of the largest hybrid short term and permanent management rights assets ever offered to market, the portfolio is tipped to attract offers between $19 million and $20 million.
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