South Brisbane, Queensland

Rare South Bank Precinct Dual Management Rights Opportunity

Under Contract / Offer

Business Description

Two substantial Management Rights businesses are offered together, located almost side by side at Fish Lane and SW1, presenting a rare opportunity to secure scale and strong income within one of Brisbane’s most tightly held inner-city precincts. The businesses generate a combined total income of $495,774 across multiple Body Corporate agreements, providing a diversified and resilient income stream.

The opportunity includes the purchase of the manager’s unit and office, with no requirement to reside onsite, offering flexibility for owner-operators or investors. Both short-term and permanent letting are permitted, allowing the operator to optimise returns and adapt to market conditions.

Positioned in a high-demand rental location near South Bank, the complexes benefit from consistent tenant demand driven by proximity to the CBD, transport, lifestyle amenities, and major employment and education hubs. This location continues to support strong occupancy and income stability.

Operationally, the business is well established, with the majority of day-to-day activities managed by the onsite managers. A part-time receptionist provides additional support, with all wages clearly accounted for within the profit and loss statements.

For buyers seeking a large-scale Management Rights opportunity in an inner-city location, this is a standout offering. Management Rights of this size, configuration, and calibre are rarely brought to market, making this an exceptional acquisition for experienced operators or strategic investors.

**Ras360 – Specialists in Management Rights | Motels | Hotels | Pubs | Parks**

Business Summary

Business Snapshot

Price: Under Contract / Offer Net Profit: $474,744 Remuneration / Body Corp Salary: $276,754

Managers Unit

Value of Managers Apartment: $900,000Bedrooms: 2Bathrooms: 2Car Spaces: 1

Complex Information

Complex Type: PermanentTotal Units in Complex: 144Total Units in Letting Pool: 56Owner Occupy Units: 62Outside Agent Units: 25Lockup Units: 1Agreement Term: 25 yearsAgreement Term Remaining: 15 years

Marketing Agent

Robert Collins

0404 67....

Kevin Tsai

0403 44....

Ras360

Key Investment Insights

AI generated. Confirm details with the seller.

1. Combined income of $495,774 across multiple Body Corporate agreements provides diversified revenue.
2. Net profit of $474,744 supports the opportunity’s substantial income profile.
3. Two adjacent management rights businesses create operational scale within the South Bank precinct.
4. No onsite residence requirement provides flexibility for owner operators or investors.
5. Short term and permanent letting are both permitted, allowing adaptable letting strategies.
6. Onsite managers handle most daily operations, supported by a part time receptionist.
7. Manager’s unit and office are included, with the apartment valued at $900,000.
8. Inner city location offers proximity to Brisbane CBD, transport, lifestyle amenities, employment and education hubs.
9. The opportunity includes a 25 year agreement with 15 years remaining.
10. The complex comprises 144 units, including 56 in the letting pool.

Management Rights Multiplier: 5.83
ROI Estimate: 12.94%