$3.370M MR & $530k Unit = Total $3.9M

Unique Management Rights Opportunity: Two Buildings, One Suburb Apart, Sold Together
- Combined offering of two buildings in close proximity within the same suburb.
- Manager's unit available without mandatory onsite residency, currently leased out.
- Comprehensive P&L conducted by accredited MR accountant and valuation by accredited broker.
- Recent top-ups completed with 24 years remaining on the management agreement, overseen by a cooperative BC committee.
- BC Salary has increased by $9,200 above the attached P&L.
- Despite no increase in sales price, the multiplier has decreased by 0.15, enhancing profitability potential.

Don't miss out on this unique opportunity to acquire management rights in a strategic location with promising financial prospects!

Amenities include recreational lounges with BBQ areas, pools, and toilet facilities.

Property Details:
Woolloongabba:
- Total apartments: 89 (including retail lot)
- Apartments in Letting Pool: 61
Kangaroo Point:
- Total apartments: 69
- Apartments in Letting Pool: 43
Totals:
- Total Apartments: 158
- Total in Letting Pool: 104

**Ras 360 - Management Rights |Motels | Hotels | Pubs | Parks **