23-Apartment Management Rights
Management Rights
ActiveHospitality & TourismB2C
Asking price
~$1,310,834
est. from comparable listings of this type and size · typically within ±20% · AUD
Revenue (est.)
~$932,820
Estimated · comparable listings of this type and size
Net Profit
$218,000
Implied multiple (assumed)
~6.0×
Assumed · comparable listings of this type and size · typically within ±20%
Brief
- Three-level walk-up with 23 apartments in the letting pool.
- Two-bedroom managers apartment with two balconies and ocean views.
- Ten-year agreements in place.
- Combines lifestyle with business.
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