KANGAROO POINT QLD 4169

$950K MR & $800k Unit = Total $1.750M

Unmatched Riverfront Location in Kangaroo Point – Profitable Management Rights with Huge Growth Potential!

- KANGAROO POINT QLD

$950K MR & $800k Unit = Total $1.750M

Ras360° is delighted to offer an exclusive opportunity to acquire the management rights for two premium permanent complexes located in the thriving Kangaroo Point area, right across the street from each other. Situated along the picturesque Brisbane River, this unique investment includes:

Two Exceptional Properties: One riverfront complex boasting stunning views of the Brisbane River and the iconic Story Bridge. Combined, these properties feature 77 apartments, with 10 currently in the on-site letting pool and significant potential for income growth with additional units.

Prime Inner-City Location: Positioned just 4km from Brisbane’s CBD, these properties offer an unbeatable lifestyle close to public transport, restaurants, and shopping. With Brisbane’s short-stay market expanding and the 2032 Olympic Games on the horizon, this is an exceptional time to invest.

Solid Financials: Both complexes operate under standard module agreements recently topped up to full term, with strong relationships in place with body corporates ensuring income security. The business also enjoys a robust body corporate salary of $206,000 per annum, making it an attractive investment.

Manager’s Residence: The fully renovated manager’s residence features a spacious 2-bedroom, 2-bathroom ground-floor unit with modern tiling, updated kitchen and bathrooms, air conditioning, and a private courtyard. The property also includes convenient 9-car parking spaces.

Secure a profitable management rights business in one of Brisbane’s most sought-after locations. Contact Ras360° today to discover this outstanding opportunity!

** Ras360 Property Solutions – Specialists in Management Rights | Motels | Hotels | Pubs | Parks **

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KANGAROO POINT QLD 4169

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