Business-Only Management Rights in New Farm – Boutique Complex, Flexible Lifestyle & Strong ROI
Discover this rare opportunity to secure a business-only management rights in the heart of sought-after New Farm. This boutique complex delivers the perfect balance of income, flexibility and growth potential, all with no requirement to live onsite or maintain office hours.
• Net Operating Profit: $62,771
• Body Corporate Salary: $58,151
• Sale Price: $302,500 (5.2x multiplier), Attractive 20.75% ROI
• 22 years remaining on Accommodation Module agreements
• Supported by proactive committees and recently topped-up agreements ensuring long-term peace of mind.
Situated in vibrant New Farm, this boutique complex features luxury amenities including a rooftop lounge and infinity pool. Stylishly designed and well-maintained, it appeals to quality tenants and enhances the ease of day-to-day management. Includes 3 letting appointments, offering a small-scale letting component with upside for hands-on managers looking to grow income. Alternatively, enjoy low-key caretaking with a steady body corporate salary in one of Brisbane’s most desirable suburbs.
This business-only opportunity offers no office hours, no requirement to live onsite, and complete operational flexibility. Perfect for operators seeking an easily managed, high-appeal business in a premium location. Contact us today to learn more and arrange a confidential inspection.
**Ras360 – Specialists in Management Rights | Motels | Hotels | Pubs | Parks**