Fortitude Valley, Queensland

$406,307 High Net Income in Brisbane's Centre - ID 8553

$2,538,000

Business Description

Mixed Management Rights for Sale
Easy Duties with Great Upside Potential

- High net income of $406,307 in the heart of Fortitude Valley, one of Brisbane's most sought-after locations.
- Mixed rental building with a letting pool of 40 units (31 holiday and 9 permanent), plus 32 managed by outside agents or self-managed, offering significant income upside potential.
- Consistent year-round holiday bookings with a smooth operation in place and simple tasks. Minimal garden and green area maintenance required.
- All units are one-bedroom or studio apartments, ensuring stability in the holiday rental roll.
- Body corporate salary of $125,962 plus GST, with annual CPI increases.
- Long 25-year agreement with 23 years remaining.
- Renovated 1-bedroom, 1-bathroom manager’s apartment included.
- Professional office and ample storage spaces attached.
- Prime location in Brisbane’s central area, with shops, transport, and amenities just steps away.
- Asking price is $2,538,000, including the manager’s unit.

If you're looking for a stable, high-income business in the heart of Brisbane, this opportunity is one you can’t afford to miss. Enjoy the convenience of city living while earning over $400K in net income annually.

Net Profit: $406,307
Asking Price: $2,538,000
(Inclusive of manager's real estate)

For further information or to arrange an inspection of this Brisbane Management Right business for sale contact:

Management Rights Broker
Bill He

Property Code: 942

Business Summary

Business Snapshot

Price: $2,538,000 Net Profit: $406,307 Remuneration / Body Corp Salary: $125,962

Managers Unit

Value of Managers Apartment: $470,000Bedrooms: 1Bathrooms: 1Office: On Title
Renovated 1-bedroom, 1-bathroom manager’s apartment with professional office and ample storage attached.

Complex Information

Complex Type: MixedAgreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 23 yearsSpa: YesSauna: YesGym: YesBBQ Area: Yes

Key Investment Insights

Management Rights Multiplier: 5.09
ROI Estimate: 19.65%

Listing location
Gallery

Enquire Now

Thank you, your enquiry has been sent now.

Listing Tools

Management Rights

Receive new listing alerts

Sign up
Similar Management Rights, Resorts For Sale

You may also like

Net $280,252 in Milton - ID 9198
MR Sales
Net $280,252 in Milton - ID 9198

MILTON

$2,420,000

Net Income: -
Managers Estate: $820,000 2 Bed 1 Bath
Letting Pool: -
Remuneration:

Prime MR in popular inner-city fringe - $331K net profit @ attractive 4.75x | Resort Brokers ID : MR008672
ResortBrokers
Prime MR in popular inner-city fringe -...

TOOWONG

$2,472,516

Net Income: $331,056
Managers Estate: $900,000 3 Bed - Bath
Letting Pool: 121
Remuneration: $232,829

Central Otago Cromwell Built 2017 - Vendor Finance
AN OUTSTANDING BUSINESS IN A BEAUTIFUL PART OF VICTORIA - 2873ML
Mt Maunganui Magic
High Quality - Great Location - Investment
Exciting Management Rights Opportunity Available in Noosa
Unique Management Rights Opportunity Noosa
Supervisory Role, MOST Paid by Body Corp - ID 8532A
$200,000 NET, Vendors terms Multi business
Opportunity Knocks – It Has It All
BIRCH MOTEL
Your Dream Beachside Home and Profitable Business in Alexandra Headland | Resort Brokers ID : MR008745
High-performing motel in Perth's eastern suburbs - Net Profit over $668,000 | Resort Brokers ID : FH008743
Brisbane’s Best Business Only MLR – Dual Complex, Low Maintenance, High Returns!
Wellington Executive Lease
AN EXCELLENT OPPORTUNITY FOR NEWCOMERS TO THE INDUSTRY - 2774ML
Toowoomba Leasehold Motel Opportunity - 2006ML
15.43% ROI Business Only - $324K Net Profit, No Unit Purchase!
Leasehold Landmark Lords Hotel, sought after rare opportunity Offers Over $350,000 +sav