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