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South Brisbane QLD 4101

hotel For Sale Contact Seller
Specification

Surface Area 3028562 M2
Building Area 3028562 M2

Secure a profitable Management Rights & associated real estate business in central South Brisbane, which has potential for growth, no set office hours and long tenure on agreements.
- Striking mid-size complex offering 141 apartments with 59 in on-site letting pool
- Verified net profit of $373,927 by industry accountant
- Body Corporate salary $219,702 p.a.
- Over 21 years remaining on Caretaking and Letting Agreements
- No set office hours giving flexible lifestyle opportunity for incoming managers
- Spacious 2B/ 2B bath manager's unit with attached 27sqm office - $785,000
- Manager required to live on-site
- Permanent complex with no short term lettings
- Prime location close to key amenity, transport, entertainment & employment hubs
- All inspections by appointment only

Updated at 27 May 2024 by Tim Crooks

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