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DealProspect/Listings/Hospitality & Tourism

Riverfront Management Rights, Auchenflower

Management Rights

ActiveHospitality & TourismQueenslandB2B
Asking price
$925,000
Disclosed · AUD
Revenue (est.)
~$1,178,267
Estimated · comparable listings of this type and size
Net Profit
$293,742
Implied multiple
3.1×
asking / earnings
Brief
  • Riverfront location close to Wesley Hospital and Brisbane CBD
  • No requirement to purchase real estate
  • One-bedroom apartment included under occupational authority
  • Exclusive-use office and reception with generous storage
  • Low-maintenance, with no pool, gardens, gym or barbecue facilities
  • Excellent access to ferry terminals, train station and bus services