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      Management Rights business for sale in Auchenflower

      • Management Rights
      • Auchenflower QLD 4066
      • Expressions Of Interest

      Urgent Due to Illness – All Serious Offers Considered | Resort Brokers ID : MR005384

      This no frills money maker is now an urgent sale due to serious illness. The property has longer term lease backs rather than the usual letting pool arrangement and the benefit is the leasebacks are not set rents but a percentage of revenue. If the rooms aren’t occupied it costs you nothing! There is free accommodation onsite with a managers unit that is an occupation authority arrangement for the owner to use as they wish. It’s quirky and unusual but private, spacious and has river views all the way to the city. Serious offers considered from low risk buyers.

      • Strong occupancy from Wesley Hospital across the road

      • Above average rooms rates for like rooms in Brisbane

      • Revenue based % commissions on leaseback

      • Only pay commissions to owners if room is occupied

      • Netting $196 with strong growth

      • Many major works completed in the last few years

      • Free managers accommodation on Occupation Authority

      NB: Property inspections are by appointment only

      Business Highlights

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      Last updated

      11 Dec 2018


      Management Rights, Accommodation & Tourism, Real Estate, Professional Services

      Map for Auchenflower QLD 4066

      362 Montague Rd West End QLD 4101