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: $407,672
Price: $2,574,498

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

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

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