Newstead, Queensland
Brisbane CBD Triple Tower Trio - Premium Management Rights Brisbane
SOLD
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-tower portfolio in Brisbane CBD, three high‑rise buildings situated side-by-side in a sought-after central location.
2. Exceptional profitability, advertised net profit in excess of $1.9 million.
3. Strong recurring income, combined caretaking/body corporate salary of over $865,000 annually.
4. Large permanent rental base, 290 permanent lets providing occupancy stability.
5. Long-term secure agreements, over 20 years remaining on all management contracts.
6. Built-in revenue protection, guaranteed annual increases indexed to CPI.
7. Manager-friendly terms, no requirement to live onsite and no manager’s unit purchase required.
8. Flexible operations, no specified office hours and exclusive-use office and storage areas provided.
9. Operational efficiency, all three interconnected buildings can be managed from one existing office.
10. Attractive asset quality, modern unit configurations and furnishings across all buildings.
11. Low maintenance external areas, minimal gardens and a shared pool serving all three towers.
12. Price on application indicates potential for confidential negotiation and selective buyer targeting.
