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$1.577M : $787k MR&$790k Unit
Permanent Management Rights, KANGAROO POINT QLD
Dual-Complex Inner-City Management Rights $213K Nett & Rare Income-Generating Extras
Live Onsite in a Fully Renovated 2-Bed Unit | Inner-City Lifestyle | Strong Upside Potential
Business Snapshot
Net Profit: $213,178 p.a. (plus $12,246 additional income)
Business Price: $865,000 (approx. 4.06x multiplier)
Managers Unit: 2 Bed | 2 Bath | Renovated | Private Courtyard | 9 Secure Carparks on Title
Total Units Across Complexes: 77
Letting Pool: 10 units (strong potential to expand)
Agreement Term: 21 years remaining (Accommodation Module)
ROI: 10.2%+
Why This Opportunity Stands Out
This dual-complex business offers scale, security and lifestyle in a tightly held inner-city pocket. With stunning river and city views, stable income, and multiple value-add opportunities, this is an ideal investment for an experienced operator or ambitious newcomer.
Prime Kangaroo Point Location
Just 4km to Brisbane CBD
Spectacular Brisbane River & Story Bridge outlook
Walking distance to ferry, cafes, schools and parklands
High-demand rental precinct with strong capital growth
Managers Residence Rare Value
Fully renovated with modern kitchen and bathrooms
Private courtyard and air-conditioning
Includes 9 titled carparks rare income-producing asset
Investment Highlights
Dual-complex model = diversified income
High nett return with low-maintenance operations
Potential to grow the letting pool
Exceptional body corporate relationships
Contact Joel McCartin today for the Information Memorandum or to arrange a private inspection.
| 0407 834 425
RAS360 Specialists in Management Rights | Motels | Hotels | Pubs | Parks
Your trusted partner in Management Rights success
More Information
- Total Purchase Price: $1.577M : $787k MR&$790k Unit
- Net Income: $ 225,424
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 790,000
The value of on-title property included with the business. Its price is included in the Total Purchase Price. - Multiplier: undisclosed
Estimated number of years till the Net Income reaches the Purchase Price of the business component. Other factors such as lifestyle, workload, location and offering should always be considered ahead of the multiplier when evaluating a Management Rights business.
Number of units the manager is authorised to manage.
Number of units resided in by their owners.
Number of units owners are not renting out, but also do not live in.
Number of units being rented by other agents (these could potentially be acquired by the manager).
The total number of units within the complex.
This is the body corporate caretaker salary. It is included in the Net Income above.
How long is the caretaking contract.
How long remains on the caretaking contract before it must be renewed?
How long has the management rights existed.
Required Office Hours
The value of on-title property included with the business. Its price is included in the Total Purchase Price.
Is there a manager's office included on the title?
Can the manager own a pet on site?