FOR SALE
$430,000 - Business Only

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Kangaroo Point QLD 4169

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Business-only brilliance in Brisbane. No office, just profit & growth

Presenting an exceptional opportunity for management rights in two prestigious Brisbane locations: Thornclyffe Residences in Kangaroo Point and Anthology in New Farm. These complexes offer a true business-only management rights model, meaning there are no office hours or physical office requirements, providing you with maximum flexibility.
The business boasts a nett profit of $92k and is offered at $430k with a favorable 4.7x multiplier. The purchase includes 22 years remaining on Accommodation Module and a full 10 years on Standard Module agreements. Thornclyffe has recently been topped up to full term and other complexes have exceptionally supportive committees which is reflected in the recent top up success.
Thornclyffe Residences, located in Kangaroo Point, is a striking eight-story complex that blends modern apartment living with the historical charm of the heritage-listed Thornclyffe House. Residents enjoy luxury living with beautifully landscaped outdoor areas, including a pool deck and podium terraces​
Anthology, in the heart of New Farm, offers high-end boutique living with 26 residences. Completed in 2021, it features a rooftop lounge, infinity pool, and sweeping views of Brisbane’s skyline and river. The building is renowned for its architectural finesse, designed to cater to downsizers and those seeking a peaceful, leafy environment while still being close to the city​
There are small letting pools with enormous upside for those with strong property management skills.
Seize this unique opportunity to invest in Brisbane’s flourishing management rights market. Contact us today to explore these exclusive offerings further!
**Ras360 – Specialists in Management Rights | Motels | Hotels | Pubs | Parks**

Property Details for Contact Agent For Address, Kangaroo Point

Building Type
Commercial

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About Kangaroo Point 4169

The size of Kangaroo Point is approximately 1.8 square kilometres. It has 6 parks covering nearly 12% of total area. The population of Kangaroo Point in 2011 was 6,999 people. By 2016 the population was 8,050 showing a population growth of 15.0% in the area during that time. The predominant age group in Kangaroo Point is 20-29 years. Households in Kangaroo Point are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Kangaroo Point work in a professional occupation. In 2011, 37.5% of the homes in Kangaroo Point were owner-occupied compared with 36.9% in 2016.

Kangaroo Point has 6,994 properties. Over the last 5 years, Houses in Kangaroo Point have seen a 55.75% increase in median value, while Units have seen a 65.41% increase. As at 30 September 2024:

  • The median value for Houses in Kangaroo Point is $1,635,935 while the median value for Units is $817,925.
  • Houses have a median rent of $700 while Units have a median rent of $650.
There are currently 48 properties listed for sale, and 29 properties listed for rent in Kangaroo point on OnTheHouse. According to CoreLogic's data, 361 properties were sold in the past 12 months in Kangaroo point.

Suburb Insights for Kangaroo Point 4169

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Nathan Eades
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Malcolm O'Farrell
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RAAS Property Group
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.