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Management Rights
FORTITUDE VALLEY, QLD
MR $2.19M + Unit $550k = $2.74m
Ras360 is proud to present a rare opportunity to secure the management rights to Central Brunswick Apartment Hotel, ideally positioned in the heart of Fortitude Valley's vibrant inner-city hub. This well-established, 82-lot complex delivers a highly attractive blend of holiday and permanent letting, backed by strong existing income and real, tangible upside for a proactive operator.Key numbers: $391,652 net profit strong, proven business performance $133,730 body corporate salary reviewed annually by CPI or greater Agreements topped up to 23 years long-term security under the Accommodation Module $2.19M business + $550,000 manager's unit = $2.74M totalThe growth story: Of the 82 lots, the current letting pool sits at 34 units (26 holiday/short-term + 8 permanent), with a further 24 units managed by outside agents and 23 owner-occupied representing genuine, organic upside for a motivated operator to grow the letting pool and increase income over time. Operations are already streamlined with Hirum software and SSKB strata management in place, freeing the incoming owner to focus on business development from day one.The manager's residence: A practical, ground-floor single-level one-bedroom unit with one car space. The reception and office are attached to the residence on the same title excellent convenience, visibility and operational efficiency. Also included: exclusive-use reception and storage, plus a level-seven housekeeping storeroom.Guest facilities: Heated indoor spa, sauna, fully equipped gymnasium, BBQ area, secure under-building parking, guest WiFi and smart TVs quality amenities that support strong guest satisfaction and repeat/permanent tenant retention.The bottom line: Strong existing income, 23-year agreement security, streamlined operations and clear, quantifiable growth potential Central Brunswick Apartment Hotel is a phenomenal turnkey management rights opportunity in one of Brisbane's most vibrant inner-city locations.**Ras360 Specialists in Management Rights | Motels | Hotels | Pubs | Parks**
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