CBD Management Rights, Brisbane
Management Rights
ActiveHospitality & TourismQueenslandB2C
Asking price
$1,223,895
Disclosed · AUD
Revenue (est.)
~$657,722
Estimated · comparable listings of this type and size
Net Profit
$163,970
Implied multiple
7.5×
asking / earnings
Brief
- Prime CBD location with walking access to the train station and Queen Street Mall
- No fixed office hours
- Upside to convert permanent and Airbnb units to short-term letting
- Minimal workload with no car parks, gardens or swimming pool to maintain
- Two-bedroom, two-bathroom ground-floor loft-style manager's unit
- Body corporate covers carpet cleaning, bin cleaning and spa service
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