Sold

Three Premium Residential Management Rights Businesses – Brisbane CBD

Price: SOLD

Rare Multi-Tower Opportunity with Strong Income & Long-Term Security

Hotel Resort Sales is proud to offer a standout portfolio of three premier residential management rights buildings, all located in the heart of Brisbane. With a combined total of 439 permanent lets, over $1 million in annual body corporate salary, and 22 years remaining on all agreements.  This is a rare chance to secure a high-performing and streamlined business in a prime location.

Location & Consistency

  • Three high-rise towers situated side-by-side in a sought-after CBD location
  • Developed by the same group in the same year for seamless consistency
  • Identical unit configurations and furnishings across all buildings
  • Unified Body Corporate management across all three properties

Strong Income Stream

  • Combined caretaking salary of over $1 million annually
  • Guaranteed annual increases of CPI or 3%, whichever is greater
  • Huge Net profit

Manager-Friendly Agreements

  • No requirement to live onsite
  • No specified office hours
  • Office and storage areas on exclusive use
  • No manager’s unit purchase required

Letting Pool Growth Potential

  • Around 90 external lets currently managed by an outside agent present a strong conversion opportunity
  • Designed for efficient letting with one- and two-bedroom units, all with compact rental-friendly floorplans

Currently run under management with excellent Body Corporate relationships and successful, unanimously approved top-ups across all buildings. This opportunity is ideal for operators seeking scale, stability, and flexibility in a premium inner-city location.

Opportunities of this calibre are extremely rare, contact Craig today on 0493 108 073

Price on Application

 

Details

Suburb Newstead
Price SOLD
Property Type Business
Property ID 78
Category Accommodation/Tourism

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What our clients say

Dealing with Hotel Resort Sales was the best decision we made selling our management rights. Craig and Rebecca have exceptional market knowledge their communication is very strong and always available...

Cheryl & Jeff Hislop

Well, a big thankyou for the gift. Also a big thankyou for the time and effort you put into securing the sale of Oxford Mews Rebecca and Craig. As I have said many times, there are sales people and then...

Russell & Rosemary Farquhar

Thanks so much for your gift and we love it so much! And I really appreciate all your support to me. You always try your best help me to find the solutions for various of problems during the purchase....

Ashley

Craig Johnson recently completed the sale of our Management Rights at Albatross North, Mermaid Beach, Gold Coast.  From commencement to completion, it was a pleasure doing business with Craig (with...

Ross Given & Jac Pearman

Rob and I decided to sell our Managements Rights Business in Burleigh January 2023 and chose Craig to be our agent.  So glad we did!Craig and his team were always in contact with us through every...

Rob & Betty

We high recommend Craig Johnson for his professionalism and honesty. Knowing Craig personally through business for eighteen years prior to selling our share of the Management...

Carolyn & Wayne