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Sell Hotel: Chermside QLD 4032

hotel For Sale Contact Seller
Specification

Surface Area 3091850 M2
Building Area 3091850 M2

A ResortBrokers Special! This is a fantastic duo of management and letting rights complexes located right next to each other. Estilo on Kittyhawk is a fully established business whilst its neighbour Estilo on the Park presents as an off the plan opportunity that is currently well-progressed under construction. Our developer/vendor is looking to sell both assets in one transaction so that the successful party can reap the benefits of a larger scale business that comes with a net profit in excess of $580,000.
Highlights of the Combined Offering
- Both on 25 year Accommodation module agreements
- High net profit of $583,368
- Total of 238 apartments + 4 commercial lots
- Combined Body Corporate salary of $387,793 p.a.
- No set office hours and manageable duties

Updated at 2 April 2024 by Jeff Keast

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