Exclusive

KANGAROO POINT'S PREMIER RIVERSIDE COMPLEX - $490K NET

On offer exclusively by ResortBrokers is Yungaba, a large-scale management and letting rights business located in a stunning riverfront spot of Kangaroo Point. Offering the perfect balance of a fully established business that generates a large income, coupled with an idyllic lifestyle close to amenities, entertainment and employment nodes. Yungaba is an impressive and well-run multi-complex business that will suit an experienced operator.

  • Beautifully maintained mid-rise apartment complex with 167 units
  • Brisbane river frontage in Kangaroo Point
  • Long tenure remaining on Agreements
  • 55 units in the on-site letting pool
  • Office and storage areas provided under OA
  • Growth potential through converting outside agents back into pool
  • No set hours but currently operating Mon-Fri 8.30am-4.30pm
  • Manager is required to live on-site
  • Spacious 2 bedroom / 2 bathroom manager's unit - $850K
  • Property can be run by a two-person full time team with contractors for gardens & cleaning
  • Enquire today with Alex or Jessie to find out more details



Listing Ref MR008115
Property Type Management Rights
Sale Type Management Rights - All
State QLD
Region Brisbane
Suburb Kangaroo Point
Net Profit $489,492
Price $3,725,000
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Alex Cook

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

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Jessie Shi
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