Kangaroo Point, Queensland

Premier Riverfront High Netting Mixed-Use Management Rights - 4km from Brisbane | Resort Brokers ID : MR008255

Under Contract / Offer

Business Description

ResortBrokers introduces the exclusive opportunity to acquire the Mixed-Use (Holiday/Permanent) Management Rights located in the thriving Kangaroo Point. This high-rise building complex, offering breathtaking views of Brisbane River and Story Bridge, comprises 100 apartments, 37 managed in the on-site letting pool.

With a robust body corporate salary, long agreement terms of 24+ years (successfully topped up), four freehold lots on title, and no requirement to live onsite, this investment offers flexibility and a strong financial foundation.

Unbeatable riverfront location only 4km from Brisbane CBD, it promises an enviable inner-city lifestyle, excellent business income, and long tenure on agreements. Capitalise on Brisbane's growing short-stay market and the upcoming 2032 Olympic Games. Contact us now!

- An iconic high-rise, offers 100 apartments with 37 managed in the on-site letting pool, making it a top choice for corporate/holiday and permanent stays in Brisbane.
- Proactive, supportive committee and recently renewed agreements, ensuring stability for over 24 years.
- Strong financial foundation with a body corporate salary of $232,827 per annum.
- Fourfreehold lots on title - a spacious three-bedroom unit, an office/reception, a meeting room, and a gymnasium.
- No requirements to live onsite providing flexibility for the management.
- Convenient access to local amenities such as restaurants, public transport, and city shopping and dining establishments, enhancing the appeal for guests and tenants.
- Timely investment opportunity with Brisbane's growing short-stay market and the upcoming 2032 Olympic Games, positioning it as arguably Brisbane's best holiday/permanent management rights business.
- Inspections are strictly by appointments only.
Date updated: 01 Dec 2024 22:00:06

Business Summary

Business Snapshot

Price: Under Contract / Offer Net Profit: $706,931 Remuneration / Body Corp Salary: $232,827

Managers Unit

Value of Managers Apartment: $1,000,000Bedrooms: 3Bathrooms: 2

Complex Information

Complex Type: Resort / HolidayTotal Units in Complex: 100Total Units in Letting Pool: 37Owner Occupy Units: 45Outside Agent Units: 15Lockup Units: 2Agreement Term Remaining: 24 years
Marketing Agent
Listing location

Enquire Now

Thank you, your enquiry has been sent now.

Listing Tools

Management Rights

Receive new listing alerts

Sign up
Similar Management Rights For Sale

You may also like

BRISBANE CBD PERMANENT MANAGEMENT RIGHTS WITH NET OVER $600,000 | Resort Brokers ID : MR008509
ResortBrokers
BRISBANE CBD PERMANENT MANAGEMENT RIGHTS...

BRISBANE CITY

$4,985,000

Net Income: $620,859
Managers Estate: $950,000 3 Bed - Bath
Letting Pool: 185
Remuneration: $327,680

Exclusive - 14% Return on Investment - ID 9159
MR Sales
Exclusive - 14% Return on Investment - ID...

ALGESTER

$5,040,000

Net Income: $721,465
Managers Estate: $750,000 4 Bed 2 Bath
Letting Pool: 179
Remuneration: $256,993

AMAZING COMPLEX WITH LARGE NET INCOME IN SUPERB LOCATION
Think Management Rights
AMAZING COMPLEX WITH LARGE NET INCOME IN...

MAROOCHYDORE

$5,210,000

Net Income: $733,000
Managers Estate: $960,000 3 Bed 2 Bath
Letting Pool: 106
Remuneration: $244,250

SUNSHINE COAST ESTABLISHED, PERMANENT WITH NET OF $660,000 | Resort Brokers ID : MR008071
ResortBrokers
SUNSHINE COAST ESTABLISHED, PERMANENT WITH...

MAROOCHYDORE

$4.3m + Unit

Net Income: $660,889
Managers Estate: $700,000 4 Bed 2 Bath
Letting Pool: 305
Remuneration: $448,221

The Sweet Life Of Country, A Stone's Throw To Greater Melbourne - 2849MF
Unlock Your Dream - Hervey Bay Beachfront Ownership Awaits
$50 K Price Drop & Easy Part Time Income - ID 9115
Iconic Hotel in Stunning Location - 1P6187
FREEHOLD Backpackers in Brisbane
Freehold Investment Opportunity Sale by Private Treaty
SE QLD Premier Permanent Management Rights
Waterfront CBD Location in Townsville - 30 Years on Lease - 1P6237M
Exclusive - Two Adjacent Luxury Permanent Management Rights Complexes for Sale - ID 9174
Fabulous Modern Boutique Guest House right in the heart of Airlie Beach - 2857MF
Big profits and beachside living on the Sunny Coast
Premium Vineyard & Exquisite Home, Central Otago
Big Profits and Priced to Sell!
Motel 3858 - 1P6235
Solid Permanent MR, Large Remuneration and Three Beds Manager Residence in West End
Profitable Business Only Resort Management Opportunity Cotton Tree
Tuscan-Themed Resort with $309K Net Profit – ID 9175
Kokonga Lodge – Boutique Accommodation & Event Venue