Kangaroo Point, Queensland

KANGAROO POINT'S MOST DESIRABLE PERMANENT COMPLEX | Resort Brokers ID : MR008148

$1,265,115

Business Description

This is a lifestyle opportunity not to be missed! Management Rights operators seeking the perfect balance of Brisbane inner-city riverfront living backed by a stable annual income should be quick to inspect Silver Quays. A fantastic business to retire into, the stunning high-rise tower is home to a bespoke collection of 49 beautiful apartments and offers resort-style facilities to the residents.
ResortBrokers is delighted to offer to the market the management and letting rights plus associated real estate to Silver Quays, an iconic complex located on the riverfront at Kangaroo Point. Current owners have happily resided here for many years and are ready to move on to the next phase of their lives.

- Verified net profit of $126,046 p.a.
- 49 gorgeous apartments in the complex
- 8 permanent lettings in the pool
- No set office hours stipulated in agreements
- Elegant foyer entrance, secure parking & security system for complex
- On-site tennis court, swimming pool with spa, outdoor seating areas and sauna
- River access to private jetty
- Manager to own a lot, but can reside in any lot in the scheme
- Stunning 2 bed/ 2 bath / 2 car unit being sold with the business - $950K
- All inspections by appointment only


Date updated: 10 Oct 2024 13:46:28

Business Summary

Business Snapshot

Price: $1,265,115 Net Profit: $126,046 Remuneration / Body Corp Salary: $124,500

Managers Unit

Value of Managers Apartment: $950,000Bedrooms: 2Bathrooms: 2

Complex Information

Complex Type: PermanentTotal Units in Complex: 49Total Units in Letting Pool: 8Owner Occupy Units: 41Agreement Term Remaining: 8 years
Marketing Agent
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