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DealProspect/Listings/Property

Management Rights — Inner-City Brisbane (UQ Precinct)

Management Rights

ActivePropertyQueenslandB2C
Asking price
~$1,160,640
est. from comparable listings of this type and size · typically within ±20% · AUD
Revenue (est.)
~$775,933
Estimated · comparable listings of this type and size
Net Profit
$193,440
Implied multiple (assumed)
~6.0×
Assumed · comparable listings of this type and size · typically within ±20%
Brief
  • Net income and remuneration package for caretaking and letting of an inner-city residential complex
  • 2-bedroom management unit with private courtyard, storage room, and attached air-conditioned office (office utilities paid by Body Corporate)
  • Low caretaking responsibilities — pool and gardening managed by contractors
  • Robust letting pool; vacant units typically leased within a week
  • 5-minute walk to bus and train; close to University of Queensland and major schools