Fortitude Valley, Queensland

82 Lot Hotel MLR in Fortitude Valley - $391K Net Profit Genuine Growth Upside

MR $2.19M + Unit $550k = $2.74m

Business Description

Ras360 is proud to present a rare opportunity to secure the management rights to Central Brunswick Apartment Hotel, ideally positioned in the heart of Fortitude Valley's vibrant inner-city hub. This well-established, 82-lot complex delivers a highly attractive blend of holiday and permanent letting, backed by strong existing income — and real, tangible upside for a proactive operator.

Key numbers:

💰 $391,652 net profit — strong, proven business performance
🏢 $133,730 body corporate salary — reviewed annually by CPI or greater
🔒 Agreements topped up to 23 years — long-term security under the Accommodation Module
💵 $2.19M business + $550,000 manager's unit = $2.74M total

The growth story: Of the 82 lots, the current letting pool sits at 34 units (26 holiday/short-term + 8 permanent), with a further 24 units managed by outside agents and 23 owner-occupied — representing genuine, organic upside for a motivated operator to grow the letting pool and increase income over time. Operations are already streamlined with Hirum software and SSKB strata management in place, freeing the incoming owner to focus on business development from day one.

The manager's residence: A practical, ground-floor single-level one-bedroom unit with one car space. The reception and office are attached to the residence on the same title — excellent convenience, visibility and operational efficiency. Also included: exclusive-use reception and storage, plus a level-seven housekeeping storeroom.

Guest facilities: Heated indoor spa, sauna, fully equipped gymnasium, BBQ area, secure under-building parking, guest WiFi and smart TVs — quality amenities that support strong guest satisfaction and repeat/permanent tenant retention.

The bottom line: Strong existing income, 23-year agreement security, streamlined operations and clear, quantifiable growth potential — Central Brunswick Apartment Hotel is a phenomenal turnkey management rights opportunity in one of Brisbane's most vibrant inner-city locations.

**Ras360 – Specialists in Management Rights | Motels | Hotels | Pubs | Parks**

Business Summary

Business Snapshot

Price: MR $2.19M + Unit $550k = $2.74m Net Profit: $391,652 Remuneration / Body Corp Salary: $133,730

Managers Unit

Value of Managers Apartment: $550,000Bedrooms: 1Bathrooms: 1Car Spaces: 1

Complex Information

Complex Type: Resort / HolidayTotal Units in Complex: 82Total Units in Letting Pool: 34Owner Occupy Units: 23Outside Agent Units: 24Agreement Term: 25 yearsAgreement Term Remaining: 18 years

Marketing Agent

Kevin Tsai

0403 44....

Ras360

Key Investment Insights

AI generated. Confirm details with the seller.

1. Established 82 lot management rights business generating $391,652 net profit.
2. Annual body corporate salary of $133,730, reviewed by CPI or greater.
3. Current letting pool comprises 34 units, supported by 26 holiday and eight permanent lettings.
4. Potential to grow the letting pool through 24 units currently managed by outside agents.
5. Streamlined operations use Hirum software and SSKB strata management, supporting efficient day to day management.
6. Manager’s ground floor one bedroom residence includes one car space and attached reception and office.
7. Included infrastructure features exclusive use reception and storage, plus a level seven housekeeping storeroom.
8. Guest amenities include heated indoor spa, sauna, gymnasium, BBQ area, secure parking, WiFi and smart TVs.
9. Located in Fortitude Valley’s vibrant inner city hub, supporting both holiday and permanent accommodation demand.
10. Management agreements provide long term security under the Accommodation Module, with 18 years remaining.
11. The business and manager’s unit are offered together for $2.74 million total.

Management Rights Multiplier: 5.59
ROI Estimate: 14.29%