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Qld, address available on request

Qld, address available on request

Hotel/Leisure

  • For Sale
  • $918,000
  • For Sale

Business For Sale - Brisbane Management Rights - ID 8862 H

  • Brisbane Management Rights
  • 10 minutes to Brisbane CBD
  • Business Only

  • Land Area
  • 1.00 m² (approx)
  • Floor Area
  • 1 m²
  • Tenure Type
  • Vacant Possession
  • Last Updated
  • Apr 27, 2021

Interested in this property? Contact an Agent today

Management Rights Sales - QLD & NSW

170 Scarborough Street

Southport Qld 4215

Lyn Pearsall

Business For Sale - Brisbane Management Rights - ID 8862 H

- Superb Location! QLD University, Wesley Hospital, Toowong Shopping, Brisbane CBD - All 5 to 10 minutes from the door
- 23 years remaining on the agreements
- Small & manageable letting pool, but great net profit at $180,000
- Good monthly salary at $5,100
- Common areas are small and compact but easily maintained
- A business that can be run by a single person or a part-time couple
- This is good value at a 5.1 multiple
- Business includes 14 in the pool + 3 external rentals that are less than 2kms from the office
- Great website with all social media links + channel manager to all of the big hotel booking sites

Good sized 2 bedroom 2 bathroom managers apartment - rent this for $530 per week. Readily operated by a single person or a part time couple. Fully set up business ready to go to the next level. Small common areas make for light work!

Net Profit: $180,000
Asking Price: $918,000

For further information on this Brisbane management rights opportunity contact listing broker Lyn Pearsall

Qld, address available on request

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