Proudly supported by all of the industry's leading brokers
Brisbane CBD Triple Tower Trio - Premium Management Rights Brisbane
POA
Permanent management rights, Newstead QLD
Hotel Resort Sales exclusively offers a standout portfolio of three premier residential management rights buildings, all located in the heart of Brisbane. A HUGE net profit of over 1.9 million which includes a healthy annual body corporate salary of over $865k. With 290 permanent lets and healthy years remaining on all agreements. Take the opportunity to secure this triple tower package which is proven and profitable.
Location& Consistency
- Three high-rise towers situated side-by-side in a sought-after CBD location
- Modern unit configurations and furnishings across all buildings
- Minimal Gardens
- Shared Pool between three towers
Strong Income Stream
- Combined caretaking salary of over $865k annually
- Guaranteed annual increases of CPI
- Huge Net profit of over $1.9 million
Manager-Friendly Agreements
- No requirement to live onsite
- No specified office hours
- Office and storage areas on exclusive use
- No managers unit purchase required
- Over 20+ years on all agreements
As all three buildings are interconnected this portfolio can be run from one existing office building.
Opportunities of this calibre are extremely rare, contact Craig today.
Price on Application
Property Code: 99
More Information
- Total Purchase Price: POA
- Net Income: $ 0
()
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 0
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