Ras360 Property Solutions is proud to exclusively present two exceptional management rights opportunities in Brisbane's highly sought-after 4101 postcode, listed by market-leading agents Nathan Eades and Joel McCartin.
Sierra Nuvo in Highgate Hill offers 44 luxury units, with 1 in the letting pool, 38 owner-occupied, and 5 managed by outside agents. This building boasts first-class facilities, including a pool, BBQ area, and a private dining room, providing a desirable lifestyle for its residents. With 21 years remaining on its management agreements, this opportunity provides long-term security. The Body Corporate (BC) remuneration stands at $54,458, with increases indexed to CPI or 3% each August, and the strata manager is SSKB.
Boston Apartments in West End - comprises 34 units, with 10 in the letting pool, 20 owner-occupied, and 4 managed by outside agents. Residents enjoy access to premium facilities such as a pool, BBQ area, and a bike room. The property has 23 years remaining under an accommodation module agreement, offering stability for the new manager. The BC remuneration is $50,638, with CPI increases effective from May each year, and the strata manager is Capitol.
Together, these properties generate a combined total net profit of $140,819 with a BC salary of $105,096. Positioned in the vibrant 4101 postcode, these properties benefit from a dynamic local economy, with thriving arts, dining, and cultural scenes. The area is home to the iconic West End markets, cafes, and proximity to South Bank, making it a prime location for investors and residents alike. High demand for accommodation in this region ensures consistent occupancy rates, enhancing the value of the management rights.
Seize this rare opportunity to secure management rights in two premium properties within Brisbane's most desirable postcode.
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