First time on the market in a decade! Rare premier riverfront business-only MR

ResortBrokers presents an exceptional opportunity to acquire riverfront permanent management rights in the heart of Brisbane's ever-evolving CBD. This rare business-only Management Rights opportunity offers unparalleled flexibility, with no requirement to reside onsite or purchase real estate, with the current manager having looked after this complex for the past 12 years and planning for a well-deserved retirement.

The business benefits from a P&L prepared by an industry specialist accountant and a strong Body Corporate salary $105,010, representing 75% of the total net income, underpinned by a long 9-year agreement term followed by multiple successful top-ups over the years.

The spacious onsite office is conveniently located on the ground floor for the manager's exclusive use. The complex boasts a range of facilities including a gym, indoor lap pool, sauna, steam room, wine cellar enhancing its appeal to residents and potential tenants. It represents an outstanding opportunity for an experienced operator to acquire a profitable stable business in a prime location.

 

  • Business-only management rights in Brisbane's dynamic CBD.
  • No requirement to live onsite or purchase  real estate
  • Solid Body Corporate Salary - 75% of total net income
  • P&L prepared by industry professional accountant
  • Long agreement terms followed by multiple successful top-ups - Standard Module
  • Premier riverfront residential complex with 42 apartments and 7 in the letting pool.
  • Convenient spacious office for manager's exclusive use
  • Suitable for experience operator as an add-on to their existing portfolio
  • Prime Brisbane CBD riverfront location - restaurants, shops, a range of prestigious private school and public school catchments
  • Property inspections are by appointment only

 

Jessie Shi

Interested? Why not give Jessie Shi a call on 0422 935 428 or