Kangaroo Point, Queensland

IMPRESSIVE ROI! MULTIPLIER 2.8X RIVERFRONT MIXED-USE MLR NO FACILITIES | Resort Brokers ID : MR008256

$2,058,523

Business Description

ResortBrokers presents an exclusive opportunity to acquire mixed-use Management Rights and associated real estate in prime Kangaroo Point, with a superb Brisbane River aspect.

This solid business boasts an impressive ROI, with no set office hours and no common facilities to maintain. An onsite office is available under occupational authority for the manager to use at his/her discretion.

The portfolio includes 69 apartments, with a strong letting pool of 23 properties (mostly short-term/holiday let). The manager's residence is a spacious 128 sqm two-bedroom apartment with stunning Brisbane River views priced according to bank valuation (valuation report available).

As Brisbane prepares for the 2032 Olympic Games, seize this prime time for acquisition with the short-stay market continues to grow.


- Solid business with an impressive ROI, substantial body corporate salary, and consistent letting business.
- Maximum operational flexibility with no set office hours.
- No common facilities to service or maintain, offering straightforward caretaking responsibilities.
- Remarkable portfolio of 69 apartments, with a strong letting pool of 23 properties under current management.
- Spacious 128 sqm manager's residence with twobedrooms, two bathrooms,two balconies,two car parks, and stunning Brisbane River views.
- Manager's residence is priced accordingly to bank valuation by industry specialist valuer.
- Manager ownership requirement with the flexibility to appoint a nominee to reside onsite.
- Inspections are strictly by appointment only
Date updated: 13 Oct 2024 22:00:07

Business Summary