Exclusive Management Rights in Brisbane's Iconic Kangaroo Point - Prime Lifestyle Investment with Exceptional Returns
Ras360° is delighted to present a rare opportunity to acquire management rights for two premium permanent complexes located in the sought-after Kangaroo Point area. Nestled along the stunning Brisbane River, these properties offer a unique combination of lifestyle appeal and lucrative investment potential.
Key Features
Two Premium Complexes
Riverfront Property: Breathtaking views of the Brisbane River and the iconic Story Bridge.
77 Apartments Total: Includes 10 in the on-site letting pool with excellent growth potential to add more units.
Prime Inner-City Location
Proximity to Brisbane CBD: Just 4km from the city centre with convenient access to public transport, dining, shopping, and recreation.
Future-Focused Growth: Perfectly positioned to benefit from Brisbane's booming short-stay market and preparations for the 2032 Olympic Games.
Strong Financial Performance
Standard Module Agreements: Recently topped up to full term, providing long-term security.
Solid Income: Robust salary of $206,000 per annum with excellent body corporate relationships.
Manager's Residence
Enjoy modern, low-maintenance living in a fully renovated ground-floor unit:
Features: Spacious 2-bedroom, 2-bathroom layout with a stylish, updated kitchen and bathrooms, quality tiling, and air conditioning.
Extras: Private courtyard for relaxation and exclusive access to 9 car parking spacesa rare and valuable perk.
Why This Opportunity Stands Out
This exceptional management rights business offers:
Strong Financials: A secure and profitable income stream with room for growth.
Prestige Location: Kangaroo Point's riverside charm and vibrant community make it one of Brisbane's most desirable suburbs.
Future Potential: Perfectly positioned to capitalise on Brisbane's rising property market and the global spotlight of the Olympics.
Pricing as follows:
Mangement Rights:
- $213,178k core net income at 4x = $853k
- $12,246 additional carpark and external letting income at 3x = $37k
Total Business = $890k
Real Estate:
- Managers Unit $690k
- Carparks on title x9 = $100k
Total Real Estate = $790k
Total Sales Price - $1.68M
Seize this unique chance to combine financial security, growth potential, and lifestyle benefits in one of Brisbane's most vibrant locales.
Contact Ras360°today for more information or to arrange an inspection.
**Ras360° Specialists in Management Rights | Motels | Hotels | Pubs | Parks **
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