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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 152
Listed
152
+15 in 30 days
Median asking
$1.7M
105 priced
Earnings multiple
6.5×
90 listings
Time listed
33d
21 tracked
Price drops
4
in 30 days
Asking price spread105 of 152 state a price
This listing · $179K
5%
13%
44%
33%
1%
$100K–$250KOver $5M

New South Wales 9 · Victoria 8

Cafes 259 · Takeaways 156 · General retail businesses 143 · Restaurants 116 · Automotive workshops 90 · Building and construction businesses 70