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DealProspect/Listings/Hospitality & Tourism

Management Rights, Fairfield

Management Rights

ActiveHospitality & TourismQueenslandB2C
Asking price
$1,263,848
Disclosed · AUD
Revenue (est.)
~$629,458
Estimated · comparable listings of this type and size
Net Profit
$156,924
Implied multiple
8.1×
asking / earnings
Brief
  • Body corporate salary with annual CPI increases provides secure baseline income
  • Gated residential complex located within 6km of Brisbane CBD
  • Three-bedroom, three-bathroom manager's residence with two car parks
  • Caretaking duties outsourced to established cleaning and gardening contractors
  • Complex features an in-ground pool and covered entertainment area
  • Flexible office hours requiring contact by phone