Under offer

Riconic Tower.

MLR over a 240-key Brisbane CBD apartment hotel. Under offer to corporate group; settlement Q3 2026.

Marketplace / Apt Hotels / QLD / Riconic Tower

MLR240 keysCBDUnder offerCorporate

The numbers.

Under offer

Q3 2026 settlement

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1+ photos

Brisbane CBD.

Run the numbers yourself.

Same model our brokers use to appraise. Adjust net profit, multiplier, real-estate component. The result is indicative — independent appraisal available on request.

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Net profit (manager)

$478,000

Multiplier (×)

5.2×

Real estate (manager unit)

Indicative total

$2,485,600

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