Newstead, Queensland
Brisbane CBD Triple Tower Trio - Premium Management Rights Brisbane
Under Contract / Offer
Business Description
Hotel Resort Sales exclusively offers a standout portfolio of three premier residential management rights buildings, all located in the heart of Brisbane. A HUGE net profit of over 1.9 million which includes a healthy annual body corporate salary of over $865k. With 290 permanent lets and healthy years remaining on all agreements. Take the opportunity to secure this triple tower package which is proven and profitable.
Location & Consistency
- Three high-rise towers situated side-by-side in a sought-after CBD location
- Modern unit configurations and furnishings across all buildings
- Minimal Gardens
- Shared Pool between three towers
Strong Income Stream
- Combined caretaking salary of over $865k annually
- Guaranteed annual increases of CPI
- Huge Net profit of over $1.9 million
Manager-Friendly Agreements
- No requirement to live onsite
- No specified office hours
- Office and storage areas on exclusive use
- No manager’s unit purchase required
- Over 20+ years on all agreements
As all three buildings are interconnected this portfolio can be run from one existing office building.
Opportunities of this calibre are extremely rare, contact Craig today.
Price on Application
Property Code: 99
Business Summary
Key Investment Insights
1. Triple high-rise towers side-by-side in Brisbane CBD, offering central location appeal.
2. Portfolio includes 290 permanent lets, indicating scale and stable occupancy.
3. Huge net profit in excess of $1.9 million, demonstrating strong cashflow.
4. Annual body corporate/caretaking salary component over $865,000, forming a major income stream.
5. Guaranteed annual CPI increases on agreements, providing inflation-linked revenue growth.
6. All agreements have healthy terms, over 20 years remaining, indicating long-term income security.
7. Manager-friendly contract terms, no requirement to live onsite and no specified office hours.
8. No manager’s unit purchase required, reducing upfront capital outlay for a buyer.
9. Office and storage areas on exclusive use, enabling efficient onsite operations.
10. All three buildings interconnected and operable from one existing office, supporting consolidated management.
11. Modern unit configurations and furnishings, enhancing rental appeal and lowering refurbishment needs.
12. Shared pool across the three towers and minimal gardens, implying desirable amenities with lower external maintenance.
