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Kelvin Grove Management Rights

Management Rights

ActiveHospitality & TourismQueenslandB2C
Asking price
$179,000
Disclosed · AUD
Revenue (est.)
~$158,674
Estimated · comparable listings of this type and size
Net Profit
$37,082
Implied multiple
4.8×
asking / earnings

Brief

  • Low-maintenance letting management rights business near QUT
  • 19-unit complex with 7 apartments in the letting pool
  • Management agreement secured through to 2044
  • No manager's residence or associated real estate required

Management rights businesses in Queensland

All 117
Listed
117
+9 in 30 days
Median asking
$1.8M
100 priced
Earnings multiple
6.5×
85 listings
Price drops
4
in 30 days
Asking price spread100 of 117 state a price
This listing · $179K
5%
13%
43%
35%
1%
$100K–$250KOver $5M

Australia 140 · New South Wales 9 · Victoria 8

Cafes 259 · Takeaways 156 · General retail businesses 142 · Restaurants 115 · Automotive workshops 91 · Building and construction businesses 72