CBD Management Rights, Brisbane

CBD Management Rights, Brisbane — Hospitality & Tourism · Brisbane, QLD · Asking $1,223,895 · Net Profit $163,970

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

DealProspect/Listings/Hospitality & Tourism

CBD Management Rights, Brisbane

Management Rights

ActiveHospitality & TourismQueenslandB2C

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Asking price

$1,223,895

Disclosed · AUD

Revenue (est.)

~$701,626

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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