Under Contract

Superb Lifestyle & Solid Income in Kangaroo Point

We are pleased to present the opportunity to acquire the management rights and manager's apartment to Marquise Apartments, Kangaroo Point. With a solid net over $165K backed by secure long-term agreements and an easy workload, this business offers genuine work / life balance in a highly desirable inner-city location.

  • 44 apartments with 18 managed in on-site pool
  • Solid BC salary of $133,582 per annum (80% of NOP)
  • Lengthy 21 year tenure to agreements remaining
  • Very manageable workload, no set office hours (or office) to manage
  • Day to day duties are easily managed by the current management couple, with no external assistance
  • 13 level high-rise with entry foyer, secure underground parking, pool and heated spa
  • Majority of income comes from BC salary and letting
  • Scope for upside through additional income streams
  • Beautiful 3 bed / 2 bath manager's residence with huge wraparound courtyard
  • Great balance of lifestyle, location and secure income
  • Fantastic location in highly desirable, central Kangaroo Point

NB. All inspections by appointment only

Alex Cook

Interested? Why not give Alex Cook a call on 0467 600 610 or