Business-Only Brilliance in Brisbaneâ Flexibility, Profit, and Growth!
$425,000 - Business Only
Permanent Management Rights, KANGAROO POINT QLD
Business-Only Brilliance in Brisbane Flexibility, Profit, and Growth!
Seize this exceptional management rights opportunity across two prestigious Brisbane locations: Thornclyffe Residences in Kangaroo Point and Anthology in New Farm. Offering a true business-only model with no office hours or physical office requirements, this investment delivers maximum flexibility and profitability.
Strong Financials: Net profit of $92k and a purchase price of $425k with a favourable 4.6x multiplier delivering an outstanding 21.54% ROI.
Long-Term Security: 22 years remaining on Accommodation Module agreements and 10 years on Standard Module agreements. Thornclyffe has recently been topped up to full term, with supportive committees ensuring smooth operations.
Thornclyffe Residences: Kangaroo Point: Modern apartments with landscaped outdoor spaces and a touch of historical charm. Anthology, New Farm: A boutique complex featuring luxury amenities like a rooftop lounge and infinity pool.
Growth Potential: Small letting pools with significant upside for skilled property managers. Both buildings are well-organised, easily maintained, and primed for operational expansion.
These business-only complexes provide unmatched flexibility, secure agreements, and access to Brisbanes flourishing management rights market. Opportunities like this are raredont miss your chance!
Contact us today to learn more and schedule your inspection.
Ras360 Specialists in Management Rights | Motels | Hotels | Pubs | Parks
More Information
- Total Purchase Price: $425,000 - Business Only
- Net Income: $ 91,548
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 0
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