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FORTITUDE VALLEY IN THE HEART OF CAFES & RESTAURANTS !

$1,335,000

Fortitude Valley, Queensland

FORTITUDE VALLEY IN THE HEART OF CAFES & RESTAURANTS !

WOW!! This near new architecturally designed up market complex in the heart of the cafes, restaurants, markets and specialty shops has become available. Over 65% of apartments in rental pool.No lawns to mow here. A delightful one or two person operation. Net Income includes $7,800 of commercial cleaning (not public areas) Check it out soon.

Features

Business Snapshot

  • Price: $1,335,000
  • Net Profit: $135,000

Managers Unit

  • Value of Managers Apartment: $727,500
  • Bedrooms: 3

Complex Information

  • Complex Type: Permanent
  • Total Units in Complex: 43
  • Total Units in Letting Pool: 22
  • Holiday Units: 22
  • Owner Occupy Units: 18
  • Agreement Term Remaining: 21 years

Business Links / Tools

Last updated: 17th April 2018

Summary

Property Type
Business
Contract Type
For Sale
Location
 Fortitude Valley
State
 Queensland
Price
$1,335,000
Category
  • Management Rights
  • Property/Real Estate

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