Holding a commanding position in this popular, inner-city location this near-new contemporary building presents in pristine condition for incoming managers. Positioned for success this building is situated in the Gasworks precinct which has seen unprecedented tenant demand and inquiry. It includes a spacious 20sqm on-site office to operate this profitable business from with no real estate to purchase, increasing the return on investment. This is an exciting venture for a highly experienced manager to expand their existing rent roll business and an exceptional opportunity to establish themselves as a heavy-weight in this lucrative industry.

Key Features

  • 24 years remaining on agreements
  • Large-scale business only management rights with NO real estate to buy
  • Highly desirable location with substantial tenant demand
  • One Body Corporate reducing administrative duties
  • No set office hours
  • Walking distance to vibrant village-style amenity & transport
  • Historically low vacancy rates in this area
  • Sturdy rental rates

NB. Property inspections are by appointment only

*This is an estimated figure subject to verification by Holman's which is currently underway.

Key Details

Listing Ref: MRB005522
Property Type: Management Rights
Region: QLD - Brisbane
Suburb: Brisbane
Sale Type: Management Rights - Business only
Net Profit: $564,039
Price: $3,271,426

Listing Agent(s)

Agent Feedback

ARIA Property has had the pleasure of working with Tim on our 3 most recent projects, VINE, Jardin and Austin. Tim is very knowledgeable in off the plan multi-unit residential and his enthusiasm is infectious. He has shown to have a good work ethic and has been very transparent in all of his dealings.  ARIA Property Group will continue working with Tim on its upcoming developments.      

- Tim Forrester
Managing Director,
ARIA PROPERTY 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

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