Large-Scale Management Rights, Varsity Lakes
Management Rights
ActiveHospitality & TourismQueenslandB2C
Asking price
$3,440,000
Disclosed · AUD
Revenue (est.)
~$1,861,841
Estimated · comparable listings of this type and size
Net Profit
$464,157
Implied multiple
7.4×
asking / earnings
Brief
- 208 total units, with 70 in the letting pool providing consistent income
- Additional upside with 31 units managed by external agents
- No set office hours
- Spacious three-bedroom, two-bathroom manager's residence with private courtyard
- Large, exclusive-use office for both sales and lettings
- Engaged and proactive body corporate
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