High profit management rights- Short Term Accom in Fortitude Valley - $521K net

ResortBrokers proudly presents Central Brunswick Apartments, a prime short-term Management Rights opportunity in bustling Fortitude Valley. With a significant net profit of $521,153, this asset offers 31 short-term (hotel) apartments as well as nine permanent lettings.

The occupancy rate stands at a very respectable 73% (levelling after the post-covid travel boom), with over 46% of income derived from body corporate salary, substantiating the value of this accommodation business. The opportunity is enhanced by the optional precinct caretaking role which fits perfectly with hotel operations. The manager's unit is recently renovated and ideal for onsite staff.

This investment is poised for growth as Brisbane prepares for the 2032 Olympics, with excellent upside potential for the savvy operator!

  • Exceptional short-term management rights opportunity with a significant net profit of $521,153
  • Prime location in the heart of Fortitude Valley, Brisbane's premier entertainment district
  • Strong short-term letting pool comprising 31 units, supplemented by 9 permanent lets
  • Significant growth potential with a mix of 32 self-managed units and outside agents
  • Healthy occupancy rate of approximately 73% normalising post-Covid and after the domestic travel boom
  • Over 46% of income derived from body corporate salary, a substantial revenue stream for a hotel business
  • Optional precinct caretaking role for Central Brunswick Town Square, adding to the investment's appeal
  • Recently renovated one-bedroom manager's unit, ideal for staff accomodation
  • Inspections by appointment only
Listing Ref MR008356
Property Type Management Rights
Sale Type Management Rights - All
State QLD
Region Brisbane
Suburb Fortitude Valley
Net Profit $521,153
Price $3,033,382
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Frank Matus

Interested? Why not give Frank Matus a call on 0435 742 698 or

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Nathan Benjamin
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