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Kangaroo Point, Queensland

HIGH-NETTING $400K+ MLR PORTFOLIO WITH HUGE UPSIDE POTENTIAL | Resort Brokers ID : MRB007148

Expressions Of Interest

Property Description

ResortBrokers brings to market for the first time, the management rights to three ‘business only’ opportunities located in Woollongabba and Upper Mt Gravatt.



  • 3 modern, permanent residential, apartment complexes

  • Total of 288 apartments, with 85 in letting pool

  • ‘Business only’, no real estate to purchase

  • No requirement to live onsite, no set office hours

  • Significant upside potential – outside agents, internet etc.

  • Woollongabba complex is ideal for short-term conversion

  • Lengthy tenure to all caretaking / letting agreements

Date updated: 22 May 2022 23:00:12

Property Summary

Business Snapshot

Price: Expressions Of Interest Net Profit: $403,867 Remuneration / Body Corp Salary: $298,673

Managers Unit

Complex Information

Complex Type: PermanentTotal Units in Complex: 288Total Units in Letting Pool: 85Holiday Units: 85Owner Occupy Units: 203Agreement Term Remaining: 25 years
Marketing Agent
Alex Cook
Alex Cook

Jessie Shi
Jessie Shi

ResortBrokers

ResortBrokers

Listing location
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Last update: 22nd May 2022

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