Consisting of four separate management rights, these apartment-style complexes are all located in prominent suburbs around Brisbane. Namely Coorparoo, Murarrie, Yeronga and Spring Hill all of which are within easy reach of the CBD and each other. There is no real estate to buy and no requirement to reside on site in any of these complexes. Net profit over 210k.

Key Features

  • Portfolio opportunity – 4 great inner city locations in Brisbane
  • Huge opportunity for further growth
  • Experienced operator to assist with transition of a new operator
  • No requirement to buy any real estate
  • Spacious exclusive use office in one building
  • Long agreements in place
  • Great additional add on businesses
  • All business just over two years old

 

NB: Property inspections are by appointment only

Key Details

Listing Ref: MRB005643
Property Type: Management Rights
Region: QLD - Brisbane
Suburb: Spring Hill
Sale Type: Management Rights - Business only
Net Profit: $210,506
Price: $959,000

Listing Agent(s)

Agent Feedback

The recent sale of our large motel was tricky and stressful to say the least. Throughout the transaction Nathan guided both us as vendors and the buyers through the process with professionalism & composure. His friendly & outgoing manner ensured that all inspections were simple and relaxed everyone. His knowledge and ability under pressure ensured we made it to settlement day.  We would thoroughly recommend Resort Brokers and Nathan to anyone looking at selling their business.

- Melanie
Vendor,
Pegasus Motor Inn

We would like to thank Nathan and Resort Brokers for their excellent service and support during the purchase of our Management Rights. This is the second time we have dealt with Resort Brokers and again we have found them to be very professional in all our dealings. 

- Stuart & Mary McCaul
Buyer,
Henley Apartments

As a first time purchaser of a leasehold motel, Nathan provided a good balance between working for the vendor and ensuring us as purchasers that we had the right information and support to see the transaction through. Negotiations are never easy and Nathan managed expectations on both sides of the transaction in a professional way that left both sides content with the price outcome. I would have no reservations in recommending or using Nathan or Resort Brokers in the future.

- Scott Campbell
Managing Director,
ISTAPR P/L