Exceptional Brisbane Accommodation Business with Diverse Revenue Opportunities
Corporate Management Rights for Sale in Woolloongabba, QLD — $5.54M MR & $580K Unit = Total $6.12M
Key facts
- Price
- $5.54M MR & $580K Unit = Total $6.12M
- Location
- Woolloongabba, QLD 4102
- Type
- Corporate Management Rights
- Net income
- $1 (actual)
- Caretaking remuneration
- $106
- Units in letting pool
- 52
- Total units in complex
- 68
- Agreement term (years)
- 25
- Agreement remaining (years)
- 25
- Office hours
- N/A
- Bedrooms
- 1
- Bathrooms
- 1
- Car spaces
- 2
- Listed by
- Ras360
- Listing ID
- 21179119
- Last updated
- 2026-09-10
Description
Positioned in a prime inner-city location close to major transport links, hospitals, shopping, and entertainment precincts, this well-established accommodation business presents an outstanding management rights opportunity with multiple income streams and strong operational flexibility.<br />
<br />
The complex comprises a quality mix of studio and one-bedroom apartments, with many configured as dual-key rooms to maximise occupancy options and revenue potential. Guests benefit from secure on-site parking suitable for cars, buses, and larger vehicles, complimentary unlimited Wi-Fi, spacious room layouts, and convenient access to public transport and nearby amenities. The Gabba stadium is also within easy walking distance, supporting consistent demand from sporting and entertainment events.<br />
<br />
Additional business features include a fully leased on-site restaurant operated by an external tenant, a dedicated night-audit room, established after-hours procedures through Nitel phone support services, security monitoring with guest lock-out assistance, and a night safe facility for late arrivals. Reception currently operates standard business hours with reduced weekend and public holiday requirements, supporting efficient management operations.<br />
<br />
Importantly, there is no requirement for an on-site resident manager, providing added flexibility for operators. The sale also includes exclusive-use occupational authority over multiple storage, linen, maintenance, foyer, reception, and office areas, while the top-floor office suite is excluded from the sale.<br />
<br />
Ras360 – Specialists in Management Rights | Motels | Hotels | Pubs | Parks
<br />
The complex comprises a quality mix of studio and one-bedroom apartments, with many configured as dual-key rooms to maximise occupancy options and revenue potential. Guests benefit from secure on-site parking suitable for cars, buses, and larger vehicles, complimentary unlimited Wi-Fi, spacious room layouts, and convenient access to public transport and nearby amenities. The Gabba stadium is also within easy walking distance, supporting consistent demand from sporting and entertainment events.<br />
<br />
Additional business features include a fully leased on-site restaurant operated by an external tenant, a dedicated night-audit room, established after-hours procedures through Nitel phone support services, security monitoring with guest lock-out assistance, and a night safe facility for late arrivals. Reception currently operates standard business hours with reduced weekend and public holiday requirements, supporting efficient management operations.<br />
<br />
Importantly, there is no requirement for an on-site resident manager, providing added flexibility for operators. The sale also includes exclusive-use occupational authority over multiple storage, linen, maintenance, foyer, reception, and office areas, while the top-floor office suite is excluded from the sale.<br />
<br />
Ras360 – Specialists in Management Rights | Motels | Hotels | Pubs | Parks