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Price Guide $2,000,000

Price Guide $2,000,000

South Brisbane, Queensland

Price Guide $2,000,000

Option to live offsite and rent the managers unit
- Great Net Profit appr. $292,060
- Resort style corporate management rights
- Spacious Manager Residence 2 beds, 2 baths, 2 carparks with office on title
- Perfectly located in the prestigious heart of South Brisbane, short walk to South Bank
- Close to Conference & Exhibition Centre, Museum and Art Gallery
- Total 50 Units, 38 one/two bed or studio Units, secured business building, good return to investors
- Easy caretaking workload, small pool, no lift, no gym, manageable common area
- Long agreement - 20 years left
- No leaseback agreements within the letting pool
- Located within the Brisbane State High School and West End State School catchment area

This is a rare opportunity to purchase a corporate letting with good income in South Brisbane!
The owner is moving family, decided to sell ...
The income has great potential for growth, with fabulous bookings in 2019!

Don't miss the opportunity, book your inspection now with NEXT exclusive agents, David Janett or David Jiang

Features

Managers Unit

    Complex Information

    Motel Information

    • Restaurant Facilities
    • Liquor Licence
    • Restaurant
    • Lease: -

    Business Links / Tools

    Last updated: 2nd July 2019

    Summary

    Property Type
    Business
    Contract Type
    For Sale
    Location
     South Brisbane
    State
     Queensland
    Price
    Price Guide $2,000,000
    Category
    • Management Rights
    • Motel

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    Agency

    Next Business and Property Sales

    Next Business and Property Sales

    Contact

    David Janett
    David Jiang