Kangaroo Point, Queensland
Rare Management Rights in Iconic Kangaroo Point | $206K Income + Prime Riverside Location
$950K MR & $800k Unit = Total $1.750M
Business Description
Exclusive Management Rights in Brisbane’s Iconic Kangaroo Point
Prime Lifestyle Investment with Exceptional Returns
RAS360 is delighted to present a rare opportunity to acquire management rights for two premium permanent complexes located in the sought-after Kangaroo Point area. Nestled along the stunning Brisbane River, these properties offer a unique combination of lifestyle appeal and lucrative investment potential.
Key Features
Two Premium Complexes
Riverfront Property: Breathtaking views of the Brisbane River and the iconic Story Bridge.
77 Apartments Total: Includes 10 in the on-site letting pool with excellent growth potential to add more units.
Prime Inner-City Location
Proximity to Brisbane CBD: Just 4km from the city centre with convenient access to public transport, dining, shopping, and recreation.
Future-Focused Growth: Perfectly positioned to benefit from Brisbane’s booming short-stay market and preparations for the 2032 Olympic Games.
Strong Financial Performance
Standard Module Agreements: Recently topped up to full term, providing long-term security.
Solid Income: Robust salary of $206,000 per annum with excellent body corporate relationships.
Manager’s Residence
Enjoy modern, low-maintenance living in a fully renovated ground-floor unit:
Features: Spacious 2-bedroom, 2-bathroom layout with a stylish, updated kitchen and bathrooms, quality tiling, and air conditioning.
Extras: Private courtyard for relaxation and exclusive access to 9 car parking spaces—a rare and valuable perk.
Why This Opportunity Stands Out
This exceptional management rights business offers:
Strong Financials: A secure and profitable income stream with room for growth.
Prestige Location: Kangaroo Point’s riverside charm and vibrant community make it one of Brisbane’s most desirable suburbs.
Future Potential: Perfectly positioned to capitalise on Brisbane’s rising property market and the global spotlight of the Olympics.
Don’t Miss Out
Seize this unique chance to combine financial security, growth potential, and lifestyle benefits in one of Brisbane’s most vibrant locales.
Contact RAS360 today for more information or to arrange an inspection.
RAS360 – Specialists in Management Rights | Motels | Hotels | Pubs | Parks
Your trusted partner for accommodation business success.
Business Summary
Business Snapshot
Price: $950K MR & $800k Unit = Total $1.750M
Net Profit: $217,325 Remuneration / Body Corp Salary: $206,001
Managers Unit
Value of Managers Apartment: $800,000Bedrooms: 2Bathrooms: 2Car Spaces: 9Complex Information
Complex Type: PermanentTotal Units in Complex: 77Total Units in Letting Pool: 10Owner Occupy Units: 67Agreement Term: 10 yearsAgreement Term Remaining: 8 years
Key Investment Insights
1. Rare opportunity to acquire management rights for two premium permanent complexes in the sought-after Kangaroo Point area.
2. Prime riverside location with breathtaking views of the Brisbane River and the iconic Story Bridge.
3. Proximity to Brisbane CBD and convenient access to public transport, dining, shopping, and recreation.
4. Perfectly positioned to benefit from Brisbane's booming short-stay market and preparations for the 2032 Olympic Games.
5. Recently topped up to full term standard module agreements, providing long-term security.
6. Solid income with a robust salary of $206,000 per annum and excellent body corporate relationships.
7. Modern, low-maintenance manager's residence with exclusive access to 9 car parking spaces.
8. Strong financials with a secure and profitable income stream and potential for growth.
9. Prestige location in one of Brisbane's most desirable suburbs.
10. Future potential to capitalise on Brisbane's rising property market and the global spotlight of the Olympics.
Management Rights Multiplier: 4.37
ROI Estimate: 22.88%