$900K MR & $1.095M Unit = Total $1.995M

Taringa, QLD 4068

Services Management Rights

First Time in more than 20 Years: Management Rights for Sale at Taringa

An exceptional opportunity has arisen to acquire the management rights to Kingshome Apartments in Taringa, offered for the first time in two decades as the current manager retires after a successful tenure.

Key Highlights include:

Outstanding Body Corporate: Enjoy a smooth operation with no issues and a manageable workload.

Prime Location: Nestled in a premium hilltop suburb in Brisbane's West, Kingshome Apartments boast extensive city views and proximity to some of Queensland's top schools and sporting facilities. Just a short distance from UQ and the river.

Beautiful Manager's Residence: A spacious ground floor 3-bedroom apartment spanning 151 sqm, featuring a large courtyard perfect for pets. The third bedroom is converted into an office, secured on title.

Luxury and Convenience: This high-end complex is close to private and state schools, two major shopping centres, and well-connected by rail and bus.
Financials:

- Nett Profit: $197k with newly topped-up agreements to full term.
- Business Price: $900k @ 4.56x multiple.
- Unit Price: $1.095M.
- Total Price: $1.995M.

Don’t miss this rare chance to step into a well-established, profitable business in a sought-after location. For more details, contact us today!

**Ras360 – Specialists in Management Rights | Motels | Hotels | Pubs | Parks**

Property Info

Municipality
Taringa
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