Boasting an incredible inner-city location with access to a huge variety of amenity and city views. Recently established, this is an exciting chance to own a high income business without having to own real estate or live on-site.

Key Features

  • Strong, established business with tenants in place
  • Business-only management rights with high nett returns
  • High rental demand for these apartments with quality finishes
  • Long term 24-year agreements remaining underpinning the nett profit
  • Large letting pool of investors and bedded in tenants
  • Easy to manage facilities with rooftop communal area
  • Superb location close to transport, shops and entertainment hub
  • Office and storage on title creating more security for years to come

Key Details

Listing Ref: MRB005199
Property Type: Management Rights
Region: QLD - Brisbane
Suburb: Brisbane
Sale Type: Management Rights - Business only
Net Profit: $415,010
Price: $2,617,058

Listing Agent(s)

Agent Feedback

We appointed Resort Brokers, particularly Gareth Closter, to sell a large M R business as we felt, because of previous experience, that Gareth is hard working and would do a good job for us. He exceeded our expectations in achieving a 6 times multiplier. Gareth and Resort Brokers are our go to people when buying or selling Management Rights. I have no reservations in recommending them.

- John Sklavos
Vendor,
Portside Property Services Hamilton Wharf

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

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