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Management Rights business for sale in Kangaroo Point

  • Management Rights
  • Kangaroo Point QLD 4169
  • $3,976,100 (GST na)

Kangaroo Point Riverfront

- Modern 13 level high rise with stunning city and river views
- Fantastic location close to Brisbane CBD, Southbank, and other major city attractions, free ferry service at the front of the Complex
- 143 lots with 53 units in the letting pool, mixture of one and two bedroom units, majority short term letting 4 star rating
- 35 plus externally let agents
- Very comfortable 2 bedroom 2 bathroom, Managers Residence, city views.
- Large reception and rear offices, recently refurbished foyer/reception area
- Facilitates include outdoor pool, BBQ areas, unlimited WIFI, externally operated restaurant and conference rooms, secure parking
- Currently operated under management, Vendors live off-site
- Potential to increase income with vacant office space on title, occupancy rate at an average of 67%, over 35 outside lets to bring back under management

Property Code: 408

Business Highlights

Business ID2015502944
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Last updated  5 Aug 2019
Map for Kangaroo Point QLD 4169Kangaroo Point QLD 4169
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