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DealProspect/Listings/Hospitality & Tourism

Townhouse Management Rights, Redcliffe

Management Rights

ActiveHospitality & TourismQueenslandB2C
Asking price
$2,000,000
Disclosed · AUD
Revenue (est.)
~$1,335,740
Estimated · comparable listings of this type and size
Net Profit
$333,000
Implied multiple
6.0×
asking / earnings
Brief
  • 150 townhouses with 36 units in the letting pool
  • Two manager's residences included
  • Minimal facilities, with barbecue areas only
  • Includes rental income from one manager's residence