The offering of the Management Rights to Link at Portside represents an outstanding opportunity to secure a business with a high net income towards $600k p.a with no requirement to reside onsite or own a unit within the agreements. Going concern Management Rights of this scale in Brisbane are extremely rare and we recommend your serious consideration of this high quality offering.

Key Features

  • Going Concern Business Only MLR's of this scale are incredibly rare
  • Generous caretaking salary given the limited duties
  • No requirement to reside onsite or own real estate in agreements
  • Outstanding office with frontage to the Portside complex
  • Cracking near city location with fantastic restaurants & amenity
  • Bespoke serviced apartment style offering with NO owner occupiers

 

NB: Property inspections are by appointment only

Key Details

Listing Ref: MRB005327
Property Type: Management Rights
Region: QLD - Brisbane
Suburb: Hamilton
Sale Type: Management Rights - Business only
Net Profit: $536,838
Price: $3,400,000

Listing Agent(s)

Agent Feedback

Both my wife and I are extremely grateful to Alex and the team at Resort Brokers as it’s resulted in a satisfactory outcome and has made the whole process as stress free as the trauma of selling your Management rights can be.

- Peter and Marg Fisher SURFERS PARADISE

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

We have recently concluded the sale of our busy holiday resort, and feel very fortunate indeed that Alex Cook of Resort Brokers was our Agent throughout this process.We started the sale process by meeting with several brokers, all of whom where very experienced and had excellent reputations, however, once we met Alex we knew that we would be in good hands through the inevitable challenges of the sales process.Alex proved to be very hard working, proactive, and resourceful. Importantly, he has excellent relationships with all the key specialists in the Management Rights industry - Accountants, Valuers, Financiers, Finance Brokers and Lawyers. Without exception, all of the specialists we worked with throughout the sale process all held Alex in the highest regard, and there was always a congenial and cooperative attitude from them as we worked through the key steps in the sale. I believe that Alex was able to achieve the best possible outcome.We are grateful for his enthusiasm, his focus and his positive attitude, and would have no reservations whatsoever in highly recommending him to any Resident Letting Agent who is thinking of selling.

- Darren & Judy Ackland
Vendor,
Blue Waters Apartments