Why This Opportunity Stands Out
Dual Complex Advantage: Manage two premium riverfront residential complexes, offering diversified income streams and operational efficiencies.
Prime Inner-City Location: Situated just 4km from Brisbane CBD, enjoy panoramic views of the Story Bridge and Brisbane River, enhancing the appeal to potential tenants and owners.
Stable Income with Growth Potential:
Total Apartments: 77
Letting Pool: 10 units, with strong potential to expand
Net Income: $213,178
Additional Income: $12,246 from external/carpark sources
Solid Remuneration: $209,000 p.a.
Exceptional Manager's Residence:
Configuration: 2 bedrooms, 2 bathrooms
Features: Renovated kitchen and bathrooms, private courtyard, air-conditioning
Unique Asset: 9 secure carparks on title, a rare inclusion that generates additional income
Investment Highlights
Lifestyle & Profitability: Ideal for those seeking a balance between a rewarding lifestyle and a profitable business venture.
Growth Opportunities: Potential to increase the letting pool and income streams, capitalizing on the high-demand rental market in Kangaroo Point.
Strong Body Corporate Relationships: Well-maintained complexes with proactive committees, ensuring smooth operations and support.
Contact RAS360° Today
Don't miss this rare opportunity to secure a high-performing management rights business in one of Brisbane's most desirable locations. Contact us to arrange a private inspection and receive the comprehensive Information Memorandum.
RAS360° Specialists in Management Rights, Motels, Hotels, Pubs & Parks
Your trusted partner in accommodation business success.
