Proudly supported by all of the industry's leading brokers
Rare Management Rights in Iconic Kangaroo Point | $206K Income + Prime Riverside Location
$950K MR&$800k Unit = Total $1.750M
Permanent Management Rights, KANGAROO POINT QLD
Exclusive Management Rights in Brisbanes Iconic Kangaroo Point
Prime Lifestyle Investment with Exceptional Returns
RAS360 is delighted to present a rare opportunity to acquire management rights for two premium permanent complexes located in the sought-after Kangaroo Point area. Nestled along the stunning Brisbane River, these properties offer a unique combination of lifestyle appeal and lucrative investment potential.
Key Features
Two Premium Complexes
Riverfront Property: Breathtaking views of the Brisbane River and the iconic Story Bridge.
77 Apartments Total: Includes 10 in the on-site letting pool with excellent growth potential to add more units.
Prime Inner-City Location
Proximity to Brisbane CBD: Just 4km from the city centre with convenient access to public transport, dining, shopping, and recreation.
Future-Focused Growth: Perfectly positioned to benefit from Brisbanes booming short-stay market and preparations for the 2032 Olympic Games.
Strong Financial Performance
Standard Module Agreements: Recently topped up to full term, providing long-term security.
Solid Income: Robust salary of $206,000 per annum with excellent body corporate relationships.
Managers Residence
Enjoy modern, low-maintenance living in a fully renovated ground-floor unit:
Features: Spacious 2-bedroom, 2-bathroom layout with a stylish, updated kitchen and bathrooms, quality tiling, and air conditioning.
Extras: Private courtyard for relaxation and exclusive access to 9 car parking spacesa rare and valuable perk.
Why This Opportunity Stands Out
This exceptional management rights business offers:
Strong Financials: A secure and profitable income stream with room for growth.
Prestige Location: Kangaroo Points riverside charm and vibrant community make it one of Brisbanes most desirable suburbs.
Future Potential: Perfectly positioned to capitalise on Brisbanes rising property market and the global spotlight of the Olympics.
Dont Miss Out
Seize this unique chance to combine financial security, growth potential, and lifestyle benefits in one of Brisbanes most vibrant locales.
Contact RAS360 today for more information or to arrange an inspection.
RAS360 Specialists in Management Rights | Motels | Hotels | Pubs | Parks
Your trusted partner for accommodation business success.
More Information
- Total Purchase Price: $950K MR&$800k Unit = Total $1.750M
- Net Income: $ 217,325
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 800,000
The value of on-title property included with the business. Its price is included in the Total Purchase Price. - Multiplier: undisclosed
Estimated number of years till the Net Income reaches the Purchase Price of the business component. Other factors such as lifestyle, workload, location and offering should always be considered ahead of the multiplier when evaluating a Management Rights business.
Number of units the manager is authorised to manage.
Number of units resided in by their owners.
Number of units owners are not renting out, but also do not live in.
Number of units being rented by other agents (these could potentially be acquired by the manager).
The total number of units within the complex.
This is the body corporate caretaker salary. It is included in the Net Income above.
How long is the caretaking contract.
How long remains on the caretaking contract before it must be renewed?
How long has the management rights existed.
Required Office Hours
The value of on-title property included with the business. Its price is included in the Total Purchase Price.
Is there a manager's office included on the title?
Can the manager own a pet on site?