Exclusive

Premium Management Rights Along The River

An established, large netting permanent building offering rooftop swimming pool, gymnasium and outdoor dining with premier river views!

On the market for the first time exclusively with Resort Brokers Australia, are the management rights to this landmark  complex positioned along the prestigious waterfront in Brisbane's inner-south.  This well established business was completed in 2016 and has a strong permanent letting pool in an area with high rental demand. 

  • 109 apartments in the letting pool
  • Long 23 year Caretaking and Letting Agreements
  • Sensational residential amenities including rooftop swimming pool with terraced lounge and sunlounging spaces, gymnasium and outdoor dining area
  • Complex completed to an exacting standard 
  • Includes luxury 2-bedroom manager's unit plus operational spaces
  • Outstanding net profit of $505,000 verified by Holman's with scope for growth
  • High rental demand with overall median rents rising 5.3% in the past 12 months (since Nov 2018)
  • Sensational residential amenities including rooftop swimming pool with terraced lounge and sunlounging spaces, gymnasium and outdoor dining area
  • Generous 20sqm office to run operations from 
  • Incoming managers are required to own and occupy an apartment on-site
  • Incredible location that is walking distance to a myriad of local amenities, transport options, education facilities, cultural & entertainment precincts.
  • Property inspections are by appointment only

 

 

Interested? Why not give Tim Crooks a call on 0417 544 562 or