South Brisbane, Queensland

Blue-Chip Inner Brisbane Short-Term Management Rights

$3.015M MR & $1.1M Unit = Total $4.115M

Business Description

Owners are committed else where, there has been a $370,000 reduction in the business price
A rare opportunity to acquire a premium short-term management rights business in one of Brisbane’s most sought-after inner-city lifestyle precincts. Successfully operated under professional management for the past five years, this established business presents an outstanding opportunity for both experienced operators and investors alike. Strong systems, experienced staff and proven operational processes are already in place, delivering consistent and sustainable financial performance while offering genuine upside for an owner-operator seeking to further optimize revenue and profitability.

Positioned within a blue-chip inner Brisbane suburb renowned for its vibrant café culture, award-winning restaurants, boutique shopping and exceptional connectivity, the complex enjoys year-round demand from corporate travelers, leisure visitors, medical guests and attendees of major sporting, entertainment and convention events. Easy access to the CBD, South Bank, the Brisbane Convention & Exhibition Centre, universities, hospitals and public transport further reinforces its broad and diverse customer base.

Brisbane’s accommodation market continues to be one of Australia’s strongest performers, driven by record population growth, significant infrastructure investment, increasing interstate and international visitation, and the long-term economic benefits associated with the Brisbane 2032 Olympic and Paralympic Games. These fundamentals continue to support strong occupancy levels and favorable trading conditions for well-located short-term accommodation businesses.

Whether you are looking to invest, occupy or secure a foothold in a blue-chip inner-city suburb, this is an address that speaks for itself. A premium address close to the city is an opportunity to enjoy the best of urban Brisbane.
There is a 24.5 year of a 25 year agreement available

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

Business Summary

Business Snapshot

Price: $3.015M MR & $1.1M Unit = Total $4.115M Net Profit: $628,176 Remuneration / Body Corp Salary: $226,341

Managers Unit

Value of Managers Apartment: $1,100,000Bedrooms: 2Bathrooms: 2Car Spaces: 2

Complex Information

Complex Type: PermanentTotal Units in Complex: 110Total Units in Letting Pool: 35Owner Occupy Units: 75Agreement Term: 25 yearsAgreement Term Remaining: 24 years

Marketing Agent

Robert Collins

0404 67....

Ras360

Key Investment Insights

AI generated. Confirm details with the seller.

1. Price reduced by $370,000, with total acquisition comprising the management rights business and managers’ unit.
2. Net profit of $628,176, supported by remuneration and body corporate salary of $226,341.
3. Established short term management rights business operated under professional management for five years.
4. Strong systems, experienced staff and proven operational processes are already in place.
5. Prime inner Brisbane location near the CBD, South Bank, convention facilities, universities, hospitals and public transport.
6. Broad guest base includes corporate, leisure and medical visitors, plus major event attendees.
7. Complex comprises 110 units, including 35 units in the letting pool and 75 owner occupied units.
8. Long 24.5 years remaining on the 25 year management agreement.
9. Managers’ apartment offers two bedrooms, two bathrooms and two car spaces.
10. Established infrastructure and professional management provide scope for an owner operator to optimise revenue and profitability.

Management Rights Multiplier: 4.90
ROI Estimate: 15.04%