The owner is committed elsewhere, and we've secured a significant price dropnow welcoming genuine offers over $1.5 million for this outstanding lifestyle and investment opportunity in Brisbane's prestigious Kangaroo Point.
RAS360° is proud to present the management rights to two premium, riverfront residential complexes. This is a rare chance to secure a high-performing business in one of Brisbane's most desirable inner-city locationsjust 4km from the CBD with stunning Story Bridge and Brisbane River views.
The Business:
Two permanent complexes, 77 total apartments
10 units in the letting pool with strong potential to grow
Net income of $213,178 + $12,246 in external/carpark income
Solid salary of $209,000 p.a.
Manager's Residence
A modern, renovated 2-bed, 2-bath ground-floor unit with updated kitchen and bathrooms, private courtyard, air-conditioning, and 9 secure carparks on titlea rare and valuable inclusion that generate extra income.
Total Package:
Real Estate (unit + carparks): $790,000
Management Rights: By negotiation
Total from: $1.5M, genuine offers only
With a 15% return and massive upside, this opportunity won't last.
Contact RAS360° today to arrange an inspection.
RAS360° Specialists in Management Rights, Motels, Hotels, Pubs & Parks
Your trusted partner in accommodation business success.