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Management Rights business for sale in Spring Hill

  • Management Rights
  • Spring Hill QLD 4000
  • $1,690,000 NEGOTIABLE

ResortBrokers EXCLUSIVELY offers MR in the heart of Spring Hill | Resort Brokers ID : MR005993

The perfect opportunity presents for experienced and first-timers alike with this rare Inner City MR offering a realistic multiplier. Situated in a sought-after rental suburb close to the Brisbane CBD, it features a beneficial mix of holiday and permanent apartments plus long 25-year accommodation modules with 23 years remaining. The complex has a strong & supportive committee, lush tropical gardens and small easy to maintain pool which is a drawcard for residents.

- Approx $241,711 Net profit
- Predominantly permanent letting pool with some short term
- Affordable Onsite Managers residence @ $390,000
- Strong Letting pool - 36 of 60 units
- Rare Inner City MR at realistic 5.2x multiplier
- Property inspections are by appointment only

Business Highlights

Business ID2015639688
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Last updated  12 Sep 2019
Map for Spring Hill QLD 4000
Map for Spring Hill QLD 4000Spring Hill QLD 4000
Resort Brokers Australia Pty Ltd
362 Montague Rd West End QLD 4101