Well sought-after permanent management rights with high rental demand.

ResortBrokers presents a prime opportunity to acquire the management rights to Riverway Point, a modern apartment complex in Condon, Townsville.

This investment offers a robust 18 percent ROI, secured by a 21-year agreement term. The complex, with 70 units, is strategically located near key amenities and offers the potential for substantial growth.

The manager's unit is well-appointed, and the complex includes a pool and barbecue area.

This is a profitable business in a high rental demand area, offering long-term stability and high-income potential.

  • Secured by an extensive 21-year agreement term.
  • Opportunity for substantial bottom-line growth through the conversion of externally managed units.
  • Strong 18% ROI, reinforced by a substantial body corporate salary.
  • Efficient three-storey structure with no lift maintenance required.
  • Enhanced security with a gated entry system.
  • Strategically positioned near key transport routes, sports facilities, retail outlets, and eateries.
  • Profitable management rights business in a prime location, offering long-term agreements, flexible work conditions, and high-income potential.
  • Situated in a desirable southern area with a high demand for rentals.
  • Inspections are by appointment only.
Des Fagg

Interested? Why not give Des Fagg a call on 0427 849 119 or