Under Contract

Rare Large Scale premium riverfront Holiday/Permanent MLR - NOP over $1.08M

ResortBrokers are delighted to exclusively present to the market the Management Rights and associated real estate of two stunning complexes located adjacent to each other in the prime Brisbane inner-city suburb of Kangaroo Point enjoying a superb aspect over the stunning Brisbane River and Story Bridge.

These exceptional complexes comprise a total of 169 units with 61 managed in the onsite letting pool with a mix of short term and permanent rentals. The majority cater to short-term stays and are amongst the most popular corporate/holiday stay options in Brisbane. The associated real estates consist of two spacious 3 bedroom apartments, a generous office/reception, a meeting room and a gym. A total of 5 manager's lots are on title, all priced according to the actual bank valuation.

Investment highlights: premier riverside setting, high net profit, supportive committee, mix of short-term and permanent rentals, fantastic on-site amenities, management operational areas provided.

An exceptional investment opportunity to purchase a Management Rights business netting in excess of $1Million, with a competitive blended multiplier and plenty of room to expand and grow the bottom line. When combined with the prime riverfront position, it quickly becomes a business not to miss.

  • Premier riverside setting with amazing view and popular short-stay / corporate accommodation
  • Robust 14.3% return on investment (ROI)
  • High net profit of $1.08 million with room for growth to bottom line
  • Strong and solid body corporate salary 
  • Supportive committee with newly topped up agreement in one complex
  • Total of 169 apartments across the two sites with a mix of short-term and permanent rentals
  • Fantastic on-site amenities with pool, spa, gym and BBQ shared by both complexes
  • Management operational areas including office, meeting room, gym and two 3-bedroom apartments on title (five manager's lots in total to be purchased)
  • Inspection by appointment only
Jessie Shi

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