Kangaroo Point, Queensland

INNER-BRISBANE SUPERBLY RUN PERMANENT MLR - NO REQUIREMENT TO LIVE ON-SITE | Resort Brokers ID : MR008769

Under Contract / Offer

Business Description

Be quick to book a time to inspect this magnificent management rights complex, a premium boutique-style development in one of Brisbane’s most desirable riverfront suburbs, Kangaroo Point, minutes from the bustling CBD.

Comprised of 69 apartments, with 36 in the onsite letting pool. Offering strong net profit of circa $266k, including $131,585, solid body corporate salary. This complex is attractive to both the tenant and investor marketplace and the apartments have strong rental returns.

There is no set office hours, coupled with no on-site living requirements, offers unparalleled flexibility with upside, by returning the manager's apartment to the letting pool, creating additional income.

Run efficiently by the owner-operators, impeccably maintained, and with solid working BC committee relationships, this is truly an excellent business for any experienced owner-operator seeking to capitalise on a successfully managed complex.

- Premium building in a highly desired inner-city location
- No requirement to live on-site and no set office hours
- Body Corporate Salary of $131,585
- Very manageable caretaking duties
- Modern building with 23 years tenure remaining on agreements
- Solid working relationships with the Body Corporate committee
- Only minutes away from Brisbane City/river, and elite private schools
- Inspections are by appointment only
Date updated: 21 Sep 2025 23:00:06

Business Summary