Henley Apartments in the affluent suburb of St Lucia with a wonderful caretaking and letting opportunity. One of the best absolute waterfront complexes in Brisbane with an amazing onsite office that extends out to the most incredible waterfront lawn and adjacent pool area. The Henley MLR business that has an income of $88,111. The role has a small letting pool and a reasonable amount of caretaking as well as body corporate supplied gardening assistance. It is an expectation of the body corporate that you will be onsite for the majority of business hours.

Key Features

  • Large waterfront high-rise units with high average rents
  • Netting over $88k
  • Chance to buy a business only MR in Brisbane’s West
  • Huge upside to grow the letting pool (4 of 40 currently)
  • No real estate to buy
  • Business recently passed income verification and due diligence

NB: Property inspections are by appointment only

Key Details

Listing Ref: MR005025
Property Type: Management Rights
Region: QLD - Brisbane
Suburb: St Lucia
Sale Type: Management Rights - All
Net Profit: $88,111
Price: $430,000

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
Pegasus Motor Inn

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,

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
Henley Apartments