Business-Only Management Rights, Nundah
Management Rights
ActiveHospitality & TourismQueenslandB2C
Asking price
$2,623,725
Disclosed · AUD
Revenue (est.)
~$1,616,526
Estimated · comparable listings of this type and size
Net Profit
$403,000+
Implied multiple
6.5×
asking / earnings
Brief
- Business-only management rights portfolio, no real estate purchase required
- Letting pool of 37 apartments with upside to convert 31 externally managed units
- No requirement to live on site or keep set office hours
- Low-maintenance caretaking focused on common-area cleaning
- Walking distance to Nundah railway station and local amenities
- Option to acquire an additional nearby portfolio
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