Riverfront Business-Only Management Rights, Townsville
Management Rights
ActiveHospitality & TourismQueenslandB2C
Asking price
$735,000
Disclosed · AUD
Revenue (est.)
~$755,620
Estimated · comparable listings of this type and size
Net Profit
$188,376
Implied multiple
3.9×
asking / earnings
Brief
- Business-only opportunity, no property purchase or live-in requirement
- 29 properties under management (21 letting pool plus 8 external) in a 55-unit riverfront complex
- Supportive body corporate with guaranteed annual salary increases
- Prime CBD riverfront location with strong permanent rental demand
- Upside available by bringing external appointments back into the letting pool
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