Luxe Townhouses were launched in December and are now almost fully sold and leased. The new owner effectively gets a going concern business at close to an OTP multiplier!

Key Features

  • “Business Only” Management Rights opportunity offering a high return
  • Strong caretaking salary of $1,200 per lot which is at the higher end of the range for new builds
  •  Lower end multiplier for established business
  • Boutique offering with 30 well-appointed townhouses with extremely functional design
  •  Strong rental demand particularly from the Enoggera Army Barracks providing an excellent foundation of tenant demand
  • Brand new townhouses with warranties in place and no requirement for constant maintenance

 

Please submit offers coupled with resumes detailing industry experience to the exclusive marketing agents, Resort Brokers Australia.

 

NB: Property inspections are by appointment only

Key Details

Listing Ref: MRB005135
Property Type: Management Rights
Region: QLD - Brisbane
Suburb: Mcdowall
Sale Type: Management Rights - Business only
Net Profit: $96,911
Price: $455,115

Listing Agent(s)

Agent Feedback

You did a great job Gareth. Very diligent and your support of the incoming purchaser is very useful. You have gone above and beyond the role of an agent, thankyou.

- James Adam
Director,
PORTFOLIO GROUP

We recently engaged Gareth Closter and Resort Brokers to sell our Management Rights at Kelvin Grove. Gareth was very thorough in explaining the entire process and demonstrated great communication skills throughout the entire transaction. Gareth was always contactable and very easy to deal with. I would have no hesitation in recommending Gareth and Resort Brokers to anyone looking to sell or purchase Management Rights in the future!

- Sarah Williams
Vendor ,
PPS Property Management

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