This modern apartment building offers the successful buyer a great opportunity to secure a low maintenance building that is well positioned in the letting market and is always full.

Key Features

  • Going concern business only management rights with long term agreements
  • Fantastic inner city location with “green” feel overlooking park and CBD views to many apartments
  • High yield of 22% given there is no requirement to purchase real estate
  • Limited caretaking duties given the common areas are
  • 25 year agreements with almost their full term remaining
  • Ideal for newcomers to the industry or local operators looking for an “add on”

 Please submit offers coupled with resumes detailing industry experience to the exclusive marketing agents, Resort Brokers Australia. 

NB: Property inspections are by appointment only

Key Details

Listing Ref: MRB005319
Property Type: Management Rights
Region: QLD - Brisbane
Suburb: Bowen Hills
Sale Type: Management Rights - Business only
Net Profit: $86,535
Price: $398,061

Listing Agent(s)

Agent Feedback

You did a great job Gareth. Very diligent and your support of the incoming purchaser is very useful. You have gone above and beyond the role of an agent, thankyou.

- James Adam
Director,
PORTFOLIO GROUP

We recently engaged Gareth Closter and Resort Brokers to sell our Management Rights at Kelvin Grove. Gareth was very thorough in explaining the entire process and demonstrated great communication skills throughout the entire transaction. Gareth was always contactable and very easy to deal with. I would have no hesitation in recommending Gareth and Resort Brokers to anyone looking to sell or purchase Management Rights in the future!

- Sarah Williams
Vendor ,
PPS Property Management

Tim is helpful, friendly and passionate about the management rights industry and it is a pleasure to work with such a professional who takes a long term outlook on the industry.

- Michael Kent
Queensland Development Manager,
PELLICANO GROUP