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
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