South Brisbane, Queensland

THIS PROPERTY IS ONE OF THE JEWELS WITHIN THE BRISBANE MANAGEMENT RIGHTS MARKET | Resort Brokers ID : MR007016

$1,907,086

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 $163k with a manager's unit to die for, this is lifestyle management rights at its absolute best!



  • Solid net profit over $163k per year

  • Luxury absolute riverfront executive on-site living

  • Massive $1,945 per lot care-taking remuneration

  • Stable letting pool currently at 15 units

  • One of Brisbane’s most sought-after buildings

  • Highly sought-after South Brisbane location

  • Property Inspections are by appointment only

Date updated: 08 Dec 2021 09:09:45

Property Summary

Business Snapshot

Price: $1,907,086 Net Profit: $163,592 Remuneration / Body Corp Salary: $128,423

Managers Unit

Value of Managers Apartment: $1,220,000Bedrooms: 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
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:

445ML - REGIONAL CITY LEASEHOLD! NEW LEASE! NEW OPPORTUNITY!
Mercure Hotel Mildura - Freehold Investment. 8.16% Rate of Return
Caretaking Only in East Mackay with a large four bedroom standalone home | Resort Brokers ID : MRC007034
Low Multiplier with GREAT Return with 150k Net Profit!
Business For Sale - Small Permanent in Quiet Coastal Destination - ID 9039 BL
Grand Central Hotel, Yea VIC - 1P0099
Moama Central Motel - 1P5409
PALM BEACH - OFF THE PLAN BUILDING - CARETAKING ONLY - $100K SALARY | Resort Brokers ID : OTP007033
2685MF - FIRST TIME OFFERED IN 35 YEARS
800MF - FREEHOLD GOING CONCERN MOTEL 2 HOURS FROM SYDNEY!
2657ML - YOUR SEA CHANGE LIFESTYLE HAS ARRIVED
2669MF - FIRST TIME OFFERED FOR SALE BIG FREEHOLD MOTEL!
Business For Sale - Lifestyle Management Rights - ID 7878 BL
VERY PROFITABLE REGIONAL FREEHOLD MOTEL SHOWING +17% RETURN WITH ROOM FOR GROWTH | Resort Brokers ID : FH007031
25 Years Stunning Permanent Management Rights in Carrara
Solid ROI, Great BC Salary & A Grade location! | Resort Brokers ID : MR006919
High Netting $420k plus MR in the heart of South Brisbane | Resort Brokers ID : MR007030
PERFECT PERMANENT MANAGEMENT RIGHT WITHOUT PROPERTY TO BUY