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. Portfolio comprises three side-by-side high-rise towers in Brisbane CBD, offering prime central location and market appeal.
2. Proven profitability, with net profit in excess of $1.9 million.
3. Strong recurring income, including a combined caretaking/body corporate salary of over $865,000 per year.
4. Agreements include guaranteed annual CPI increases, supporting income growth and inflation protection.
5. Large operational scale with 290 permanent lets, indicating stable revenue base.
6. All agreements have healthy years remaining, with over 20 years on each agreement, offering long-term contract security.
7. Manager-friendly contract terms, including no requirement to live onsite and no specified office hours, increasing operator flexibility.
8. No manager’s unit purchase required, reducing entry capital costs for a new operator.
9. Office and storage areas provided on exclusive use, enabling centralised operations and record keeping.
10. All three buildings are interconnected and can be managed from one existing office building, reducing overhead and streamlining management.
11. Modern unit configurations and furnishings across the portfolio, supporting higher rental appeal and lower immediate refurbishment needs.
12. Low-maintenance grounds with minimal gardens and a shared pool between towers, concentrating amenity value while reducing upkeep.
