Ras360 is pleased to present a rare business-only management rights opportunity in the highly sought-after suburb of Carindale, with no manager’s unit to purchase and no real estate component.
Positioned in one of Brisbane’s most convenient eastern suburbs, the complex benefits from strong local rental demand, close proximity to Westfield Carindale, schools, parks, public transport and major arterial connections. This is a location that continues to appeal to both tenants and owner-occupiers.
The business is simple and easy to manage, with no set office hours and structured caretaking duties. Current manager attends three times per week for approximately two hours per visit, making this an attractive low-maintenance operation.
A major highlight is the vendor’s commitment to top up a further 5 years, providing approximately 24 years of agreement term for the incoming manager. Combined with a very supportive committee, verified net profit of approximately $116,800 and a business-only price of $672,000, this is a clean, secure and highly appealing opportunity in a premium Brisbane location.
**Ras360 – Specialists in Motels | Hotels | Pubs | Parks | Management Rights**