Kangaroo Point, Queensland

Prime Riverside Location Business-Only with Strong Returns and No Real Estate | Resort Brokers ID : MRB009146

$691,155

Business Description

Silver Quays delivers a rare combination of stability, efficiency and lifestyle in one of Brisbane's most coveted riverside locations. This business-only opportunity requires no real estate purchase, ensuring superior capital efficiency and a lower entry threshold for astute operators.

The stable income of circa $138,000 annually includes a body corporate salary of $129,395 plus an additional $18,720 from minimal caretaking duties at an adjacent building - not included in our Net Operating Profit for Sale.

With no set office hours and a highly manageable workload across 49 apartments, this permanent complex offers exceptional flexibility for owner-operators seeking work-life balance.

Iconic permanent MR complex overlooking Brisbane River.
High-rise complex with resortstyle recreational amenties that attract strong rents $795-$1250 per week.
Body Corporate salary of $129,395 p.a.
49 apartments with 5 in the onsite letting pool.
No set office hours and 10 year standard module agreements.
Additional $18,700 income via caretaking salary of next door building.
Foyer entry to reception desk and back office for ease of management.
Inspections by appointment only.
Date updated: 15 Apr 2026 15:23:50

Business Summary