23-Apartment Management Rights
Management Rights
ActiveHospitality & TourismB2C
Asking price
$1,575,000
Disclosed · AUD
Revenue (est.)
~$636,311
Estimated · comparable listings of this type and size · typically within ±35%
Net Profit
$218,000
Implied multiple
7.2×
asking / earnings
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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