Management rights for sale, Brisbane QLD
Photos: ResortBrokers Australia
Under offer
ResortBrokers Australia has marked this business under offer. A sale is in progress, and the business may come back to market if it does not go ahead.
At a glance
- Property type
- Management Rights
- Sale type
- Management Rights - All
- Region
- Brisbane
About the business
Two business-only management rights operations in Chermside, Brisbane. Each is a 125-apartment complex. The two modern apartment buildings are within only a 2-minute walk of each other, 10 km from the Brisbane CBD. Both complexes have full agreement terms with 25 years remaining. Each has a dedicated air-conditioned office under occupational authority, for the manager to use exclusively. The sale is business-only, with no associated real estate purchase. The broker reports no manager's unit to purchase and caretaking limited to common area cleaning and minor garden maintenance.