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Kangaroo Point QLD 4169

Kangaroo Point QLD 4169

  • Hotel, Motel, Pub & Leisure
  • For Sale, 3550000

PERMANENT MID-SCALE MR ON BRISBANE RIVERFRONT WITH $500K+ NET PROFIT | Resort Brokers ID : MR008642

    This stunning complex is located directly on the riverfront in Brisbane; the permanent management and letting rights, plus associated real estate to Yungaba, in Kangaroo Point, offers incoming managers with a stable and secure business that's full established and easy to manage. Generating a net income of circa. $500,000 it offers an idyllic inner-city lifestyle, with views of the Story Bridge, city and beyond. The management rights to Yungaba would be best suited to an experienced two-person team or smaller private syndicate.

    - Beautifully maintained mid-rise apartment complex with 167 units
    - Brisbane river frontage in Kangaroo Point
    - Lengthy tenure remaining on Caretaking and Letting Agreements
    - Circa. 50 units in the on-site letting pool
    - Office and storage areas provided under OA
    - Growth potential via converting outside agents back into pool and through on-site unit sales
    - No set hours but currently operating Mon-Fri 8.30am-4.30pm
    - Manager is required to live on-site in one of the schemes
    - Stunning 2 bed, 2 bath manager's unit - $850K
    - Currently an employed property manager lives in the unit
    - Property can be run by a two-person full time team with contractors for caretaking
    - All inspections by appointment only

    ResortBrokers®
    ResortBrokers®
    362 Montague Rd
    West End, QLD 4101

    Property Highlights

    Floor AreaAsk Agent
    Land AreaAsk Agent
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Property ID2019853723
    Category
    Last updated  6 Jul 2025
    Map for Kangaroo Point QLD 4169
    ResortBrokers®
    ResortBrokers®
    362 Montague Rd
    West End, QLD 4101

    Property Highlights

    Floor AreaAsk Agent
    Land AreaAsk Agent
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Property ID2019853723
    Category
    Last updated  6 Jul 2025

    Co-Agents

    More about Kangaroo Point QLD 4169

    Kangaroo Point QLD 4169 is categorized as Hotel, Motel, Pub & Leisure Property. The listing ID for this property is 2019853723.

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