Huge return on investment of over 16% with no requirement to buy residential real estate or reside onsite..

Key Features

  • Priced to sell – under 5x multiplier
  • Generous caretaking salary given the limited duties
  • No requirement to reside on-site or own Real Estate in agreements
  • Outstanding office with frontage to the Portside complex
  • Cracking near city location with fantastic restaurants & amenity
  • P&L by industry experts Holmans accountants
  • Bespoke serviced apartment style offering with NO owner occupiers

 

 

NB: Property inspections are by appointment only

Key Details

Listing Ref: MRB005659
Property Type: Management Rights
Region: QLD - Brisbane
Suburb: Hamilton
Sale Type: Management Rights - Business only
Net Profit: $484,877
Price: $2,995,000

Listing Agent(s)

Agent Feedback

Alex had our business sold within a week for the asking price. Also he had a back up offer for the same price, his professionalism and work ethics are second to none.

- Laraine & Col Fields
Previous vendors,
Emerald Village Apartments

From the time of engagement, Alex was extremely pro-active in finding the right buyer. At all times, Alex kept me updated during progression of the sale process, acted in a professional manner; sorted out any issues that surfaced during the sale and went above and beyond to ensure all parties were working effectively towards completion. Without Alex's input and assistance I am sure the sale would not have been completed in the professional manner that it was.

- Brad Marquart
Vendor,
Waters Edge on the Broadwater

Alex is too kind. I am very fortunate that you and Paul were on the case the whole way with us. We could not have asked for anyone better. I know you have tried so much in vain with seller regarding costs and I really couldn't ask for more. During the process there were many times we were about to give up. Fortunate for us that you and Paul were there to always encouraged us on. You guys were much more than a broker and had done so much outside of your scopes. For that we cannot say thank you enough to you.  It would be an absolute pleasure to finally meet you. Whenever you are in GC, our doors are always opened for you anytime. Have a lovely week till we meet. Thank you once again Alex.

- Roger Poon
Purchaser,
Allegra Apartments