South Brisbane, Queensland

THIS PROPERTY IS ONE OF THE JEWELS WITHIN THE BRISBANE MANAGEMENT RIGHTS MARKET | Resort Brokers ID : MR006731

$1,820,000

Property Description

An apartment complex with all of the features residents could want and wish for. Featuring absolute river frontage and with the CBD only a few km’s away, picturesque city views are the norm for Riverview Gardens residents. Netting over $166k with a manager's unit to die for, this is lifestyle management rights at its absolute best!



  • Solid net profit over $166k per year

  • Luxury absolute riverfront executive on-site living

  • Massive $1,845 per lot care-taking remuneration

  • Stable letting pool currently at 16 units

  • One of Brisbane’s most sought-after buildings

  • Highly sought-after South Brisbane location

  • Property Inspections are by appointment only

Date updated: 02 Jun 2021 13:00:07

Property Summary

Business Snapshot

Price: $1,820,000 Net Profit: $166,424 Remuneration / Body Corp Salary: $123,635

Managers Unit

Value of Managers Apartment: $1,100,000Bedrooms: 2Bathrooms: 2Office: On Title

Complex Information

Complex Type: PermanentTotal Units in Complex: 67Total Units in Letting Pool: 16Holiday Units: 16Owner Occupy Units: 49Outside Agent Units: 2Agreement Term Remaining: 8 years
Marketing Agent
ResortBrokers
ResortBrokers

ResortBrokers

Listing location
Gallery

Enquire Now

Thank you, your enquiry has been sent now.

Listing Tools

Management Rights

Receive new listing alerts

Sign up
Similar Properties

You may also like

Off the Plan Caretaking and Letting Rights
RCA Business Brokers
Off the Plan Caretaking and Letting Righ...

COORPAROO

$1,925,000

Net Income: -
Managers Estate: $775,000 3 Bed 2 Bath
Letting Pool: -
Remuneration:

Growing Short Term Management Rights Centrally in South Brisbane
Next Business & Property Sales
Growing Short Term Management Rights...

SOUTH BRISBANE

All Serious Offers Considered $1,700,000

Net Income: -
Managers Estate: - - Bed - Bath
Letting Pool: -
Remuneration:

Modern complex with good size income!
Shine Realty
Modern complex with good size income!

KANGAROO POINT

Under Contract / Offer

Net Income: -
Managers Estate: $850,000 2 Bed 2 Bath
Letting Pool: 24
Remuneration: $125,452

NORTH QUEENSLAND LEASEHOLD MOTEL , 40% RETURN AND 25 YEAR LEASE. FULLY RENOVATED!
Business For Sale - Family Friendly Permanent in Robina Area - ID 9017 BL
Easy and Solid Management Rights & Not Required to Live On-site!
Bass & Flinders Motor Inn, Excellent Business, Property & Opportunity, FHGC $1.6 Mill
Business For Sale - Stunning Waterfront Golf Resort - ID 7921 BL
Tassie East Coast Management Rights Income $75,000 approx, 3bdr unit +studio 0/0 $450K
80HF - THE ICONIC COUNTRY PUB IN THE WESTERN DISTRICTS IS UP FOR GRABS
1266ML - WORK FROM HOME - REFURBISHED AS NEW LEASEHOLD BUSINESS
61ML - SOLID NEW ENGLAND LEASEHOLD BUSINESS IN THE HEART OF TOWN
MR Business for Sale: Central Location together with Solid Income in Sunnybank Hills, Brisbane.
30 Acre Caravan Park with Direct Access to a Tropical Coastline - 1P5003CP
2489MF - A RARE COASTAL FREEHOLD WITH AN EXCITING OPPORTUNITY
Brand new lease in North East Victorian tourist hot spot
Leasehold For Sale - Horse & Jockey Hotel, Tarcutta NSW - 1P0053
A spacious, tropical setting with plenty of room for growth. | Resort Brokers ID : FH006745
1254ML - BLUE-CHIP CORPORATE LEASEHOLD, LIVE OFFSITE IN THE COUNTRY MUSICAL CAPITAL
Now is the time to buy into the home improvement market!  Franchises available Australia wide
Now is the time to buy into the home improvement market!