Management Rights, West Melbourne

Management Rights, West Melbourne — Hospitality & Tourism · West Melbourne, VIC · Asking $998,000 · Net Profit $272,006

Business-only management rights (no real estate purchase, no requirement to live onsite) 198 apartments across three buildings with ground-level retail 25-year Building and Letting Management Agreement with 24+ years remaining; established September 2022, BMA commencing August 2025 Owner's Corporation salary with yearly CPI increase Reception, office and storage held under licence for exclusive…

DealProspect/Listings/Hospitality & Tourism

Management Rights, West Melbourne

Management Rights

ActiveHospitality & TourismVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$998,000

Disclosed · AUD

Revenue (est.)

~$1,163,911

Estimated · comparable listings of this type and size

Net Profit

$272,006

Implied multiple

3.7×

asking / earnings

Brief

Business-only management rights (no real estate purchase, no requirement to live onsite)
198 apartments across three buildings with ground-level retail
25-year Building and Letting Management Agreement with 24+ years remaining; established September 2022, BMA commencing August 2025
Owner's Corporation salary with yearly CPI increase
Reception, office and storage held under licence for exclusive use by management
Amenities include stylish foyer entries, landscaped courtyard garden, and private dining and lounge areas

Management rights businesses in Victoria

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Listed

active

Median revenue

$1.5M

5 disclose

Earnings multiple

5×

200 listings

Queensland 146 · New South Wales 8

Cafes 494 · Takeaways 404 · Restaurants 327 · General retail businesses 196 · Supermarkets 69 · Automotive workshops 66

Priced like this one

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