Dual Complex Management Rights, Chermside
Management Rights
ActiveHospitality & TourismQueenslandB2C
Asking price
$2,225,000
Disclosed · AUD
Revenue (est.)
~$1,427,060
Estimated · comparable listings of this type and size
Net Profit
$355,766
Implied multiple
6.3×
asking / earnings
Brief
- Boutique business-only management rights across two complexes in Chermside
- No requirement to buy real estate, live on site or keep set office hours
- Stable combined letting pool of 38 units across both complexes
- Minimal gardening duties; small gym and rooftop BBQ only
- High rental demand from proximity to Westfield, hospitals, schools, transport and airport links
More hospitality & tourism businesses for sale
- Eco-Resort & Wedding Venue - MidginbilLodge · New South Wales · $6,750,000
- Management Rights - Everton ParkManagement Rights · Everton Park, Brisbane · $1,150,000
- Tasmania Motel-Style Accommodation - Freehold Going ConcernMotel · Expressions of Interest
- 14-Room Freehold Motel, Mackay QLDMotel · Mount Pleasant, Mackay · $4,150,000
- 40-Room Freehold Motel, Armidale NSWMotel · New South Wales · $13,000,000
- 15-Key Freehold Motel, Mulwala NSWMotel · New South Wales · $2,200,000
- Multi-Use Event Space – AlphingtonFunction & Event Venue · Victoria · $80,000
- High-Turnover Seafood Takeaway - Gold CoastTakeaway · Queensland · $539,000