Kangaroo Point, Queensland
Business-only brilliance in Brisbane. No office, just profit & growth
$430,000 - Business Only
Business Description
Presenting an exceptional opportunity for management rights in two prestigious Brisbane locations: Thornclyffe Residences in Kangaroo Point and Anthology in New Farm. These complexes offer a true business-only management rights model, meaning there are no office hours or physical office requirements, providing you with maximum flexibility.
The business boasts a nett profit of $92k and is offered at $430k with a favorable 4.7x multiplier. The purchase includes 22 years remaining on Accommodation Module and a full 10 years on Standard Module agreements. Thornclyffe has recently been topped up to full term and other complexes have exceptionally supportive committees which is reflected in the recent top up success.
Thornclyffe Residences, located in Kangaroo Point, is a striking eight-story complex that blends modern apartment living with the historical charm of the heritage-listed Thornclyffe House. Residents enjoy luxury living with beautifully landscaped outdoor areas, including a pool deck and podium terraces
Anthology, in the heart of New Farm, offers high-end boutique living with 26 residences. Completed in 2021, it features a rooftop lounge, infinity pool, and sweeping views of Brisbane’s skyline and river. The building is renowned for its architectural finesse, designed to cater to downsizers and those seeking a peaceful, leafy environment while still being close to the city
There are small letting pools with enormous upside for those with strong property management skills.
Seize this unique opportunity to invest in Brisbane’s flourishing management rights market. Contact us today to explore these exclusive offerings further!
**Ras360 – Specialists in Management Rights | Motels | Hotels | Pubs | Parks**
Business Summary
Business Snapshot
Price: $430,000 - Business Only
Net Profit: $91,548 Remuneration / Body Corp Salary: $81,416
Complex Information
Complex Type: PermanentTotal Units in Complex: 47Total Units in Letting Pool: 4Owner Occupy Units: 41Outside Agent Units: 2
Key Investment Insights
1. Business-only management rights model provides maximum flexibility with no office hours or physical office requirements.
2. Nett profit of $92k and favorable 4.7x multiplier offer a great value for the purchase price of $430k.
3. Purchase includes 22 years remaining on Accommodation Module and a full 10 years on Standard Module agreements.
4. Thornclyffe Residences and Anthology are prestigious and sought-after locations in Brisbane.
5. Thornclyffe Residences offers luxury living with beautifully landscaped outdoor areas and a heritage-listed building.
6. Anthology offers high-end boutique living with a rooftop lounge, infinity pool, and sweeping views of Brisbane's skyline and river.
7. Small letting pools with potential for growth for those with strong property management skills.
8. Exclusive offerings in Brisbane's flourishing management rights market.
9. Ras360 specializes in management rights, motels, hotels, pubs, and parks.
10. Permanent complex with 47 total units, 4 units in the letting pool, and 41 owner-occupied units.