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Management Rights business for sale in Kangaroo Point

  • Management Rights
  • Kangaroo Point QLD 4169
  • Bus: $1,544,000 + RE: $455,000

Newly Established Business-only With High Net In Kangaroo Point | Resort Brokers Id : Mr005783

Resort Broker's Australia brings you this unique opportunity to get a newly established Management Rights in Kangaroo Point. This business includes a separate manager's office on title and a stunning one-bedroom apartment that can be rented out or you can have a manager reside in.

- No set office hours and no requirement to live on-site
- New York-style designed hi-rise with river and city views
- Sweeping city skyline views from the rooftop entertainment terrace with exclusive use swimming pool, open fireplace and pizza oven
- Over 24 years remaining on both Caretaking and Letting Agreements
- High annual net profit over $270,000 in a sought-after position by tenants
- 62 apartments in the letting pool currently 
- Potential upside from the additional 6 as yet unsold apartments
- Exceptional interior design with superior fittings and finishes to all apartments
- Spacious one-bedroom manager'sapartment for $415,000 can be rented out to produce $20,500 income annually 
- Separate 7sqm manager's office for $40,000
- Enviable location with access to recreational and sporting facilities, entertainment and cultural precincts, employment and educational hubs
- Easy walking distance to Brisbane CBD, The Gabba, Mater Hospital, South Bank and Five-ways precinct
- Property inspections are by appointment only

Business Highlights

Business ID2015181625
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Last updated  17 Apr 2019
Map for Kangaroo Point QLD 4169Kangaroo Point QLD 4169
Resort Brokers Australia Pty Ltd
362 Montague Rd West End QLD 4101

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