South Brisbane, Queensland

Rare South Bank Precinct Dual Management Rights Opportunity

$2.578M MR + $900k Unit + $190k Office = Total $3.668M

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: $2.578M MR + $900k Unit + $190k Office = Total $3.668M 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....

Ras360

Key Investment Insights

1. Two substantial Management Rights businesses offered together, located almost side by side at Fish Lane and SW1, enabling immediate scale and operational synergies.
2. Combined total income $495,774 across multiple Body Corporate agreements, providing a diversified and resilient revenue base.
3. Purchase includes the manager’s apartment and office, offering asset ownership plus business cashflow.
4. No residency requirement for managers, providing flexibility for owner-operators or absentee investors.
5. Both short-term and permanent letting permitted, allowing optimisation of returns and market-adaptive revenue strategies.
6. Prime South Bank inner-city location near the CBD, transport, lifestyle amenities, and major employment and education hubs, supporting strong tenancy demand and occupancy stability.
7. Well established operational model, with the majority of day-to-day activities handled by onsite managers and supported by a part-time receptionist.
8. All wages and staffing costs are transparently accounted for within the profit and loss statements, aiding financial due diligence.
9. Rare large-scale Management Rights opportunity in a tightly held precinct, attractive to experienced operators or strategic investors.
10. Clear financial snapshot, total price $3.668M comprising $2.578M for Management Rights, $900,000 for the manager’s unit, and $190,000 for the office.
11. Strong reported net profit $474,744, with remuneration/body corporate salary of $276,754.
12. Complex composition and contract security: 144 total units, 56 in the letting pool, 62 owner-occupied, 25 managed by outside agents, one lockup unit, 25-year agreement with 15 years remaining.

Management Rights Multiplier: 5.83
ROI Estimate: 17.15%