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DealProspect/Listings/Hospitality & Tourism

Dual Management Rights Portfolio, Brisbane Inner City

Management Rights

ActiveHospitality & TourismQueenslandB2C
Asking price
$2,440,000
Disclosed · AUD
Revenue (est.)
~$1,527,132
Estimated · comparable listings of this type and size
Net Profit
$380,714
Implied multiple
6.4×
asking / earnings
Brief
  • Business-only dual inner-city Brisbane management rights portfolio with strong net profit
  • No requirement to purchase or reside in a manager's unit
  • Long-term security with 24-year and 23-year topped-up agreements
  • Light caretaking focused on common area cleaning, with no set office hours
  • Dedicated offices at both complexes, close to CBD, schools and shopping/dining precincts