Management Rights, East Brisbane
Management Rights
ActiveHospitality & TourismQueenslandB2C
Asking price
$2,695,466
Disclosed · AUD
Revenue (est.)
~$1,664,661
Estimated · comparable listings of this type and size
Net Profit
$415,000
Implied multiple
6.5×
asking / earnings
Brief
- Business-only management rights structure, no manager's unit purchase or onsite residence required
- More than 21 years remaining on agreements
- East Brisbane location with strong employment drivers and proximity to Brisbane CBD
- Externally managed units provide immediate letting pool growth potential
- Rooftop pool, recreation area with barbecue facilities and secure basement parking
- Supportive body corporate committee with excellent working relationships
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