New Farm, Queensland
Business-Only Management Rights in New Farm – Boutique Complex, Flexible Lifestyle & Strong ROI
Under Contract / Offer
Business Description
Business-Only Management Rights in New Farm – Boutique Complex, Flexible Lifestyle & Strong ROI
Discover this rare opportunity to secure a business-only management rights in the heart of sought-after New Farm. This boutique complex delivers the perfect balance of income, flexibility and growth potential, all with no requirement to live onsite or maintain office hours.
• Net Operating Profit: $62,771
• Body Corporate Salary: $58,151
• Sale Price: $302,500 (5.2x multiplier), Attractive 20.75% ROI
• 22 years remaining on Accommodation Module agreements
• Supported by proactive committees and recently topped-up agreements ensuring long-term peace of mind.
Situated in vibrant New Farm, this boutique complex features luxury amenities including a rooftop lounge and infinity pool. Stylishly designed and well-maintained, it appeals to quality tenants and enhances the ease of day-to-day management. Includes 3 letting appointments, offering a small-scale letting component with upside for hands-on managers looking to grow income. Alternatively, enjoy low-key caretaking with a steady body corporate salary in one of Brisbane’s most desirable suburbs.
This business-only opportunity offers no office hours, no requirement to live onsite, and complete operational flexibility. Perfect for operators seeking an easily managed, high-appeal business in a premium location. Contact us today to learn more and arrange a confidential inspection.
**Ras360 – Specialists in Management Rights | Motels | Hotels | Pubs | Parks**
Business Summary
Business Snapshot
Price: Under Contract / Offer
Net Profit: $62,771 Remuneration / Body Corp Salary: $58,151
Complex Information
Complex Type: PermanentTotal Units in Complex: 26Total Units in Letting Pool: 3Owner Occupy Units: 23Agreement Term: 25 yearsAgreement Term Remaining: 22 years
Key Investment Insights
Key insights for this business for sale listing include:
1. Rare opportunity to secure a business-only management rights in the heart of sought-after New Farm.
2. Boutique complex with luxury amenities including a rooftop lounge and infinity pool.
3. Net Operating Profit of $62,771 and Body Corporate Salary of $58,151.
4. Sale price of $302,500 with an attractive 20.75% ROI and 5.2x multiplier.
5. 22 years remaining on Accommodation Module agreements.
6. Supported by proactive committees and recently topped-up agreements for long-term peace of mind.
7. Small-scale letting component with potential for growth.
8. No office hours, no requirement to live onsite, and complete operational flexibility.
9. Perfect for operators seeking an easily managed, high-appeal business in a premium location.
10. Contact the listing agent, Ras360, for more information and to arrange a confidential inspection.
