Indooroopilly, Queensland

Two Business Only Management Rights in the Inner Western Suburbs of Brisbane | Resort Brokers ID : MRB007237

$1,012,080

Property Description

ResortBrokers has been appointed to sell not one, but two management rights with no requirement to purchase any real estate or live onsite.

Both complexes are less than 5 years old and have been managed by the developer/builder since inception. The first complex is located in Indooroopilly, a 50 unit complex on an accommodation module with 21 years remaining featuring 15 units in the letting pool. The other comprises 34 units in nearby St Lucia which is almost brand new, also on the accommodation module with 23 years remaining and only 3 units in the letting pool. Both have manageable and clear defined duties which make this a perfect add on business for a nearby operator looking to add scale to their existing operation.

These are the hottest assets on the market so will sell very quickly!



  • Net profit $168,680 - calculated by McAdam Siemon

  • Two complexes in close proximity

  • Easily managed caretaking duties

  • Both complexes less than 5 years old

  • No real estate to purchase

  • No set office hours

  • Inspections are by appointment only

Date updated: 19 Jun 2022 23:00:12

Property Summary

Business Snapshot

Price: $1,012,080 Net Profit: $168,680

Managers Unit

Complex Information

Complex Type: PermanentTotal Units in Complex: 50Total Units in Letting Pool: 15Holiday Units: 15
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