East Brisbane, Queensland

Premium business-only in Brisbane's inner-city circle Net Profit over $500K | Resort Brokers ID : MR008417

Under Contract / Offer

Business Description

ResortBrokers presents a unique opportunity to acquire two thriving, business only management rights in East Brisbane and Spring Hill. This duo of established, permanent complexes has a total of 149 units and boasts a verified net profit over $500,000 per annum. With newly topped up agreements back to 25 years on one building, and 22+ years remaining on the other complex, there is fantastic security for incoming owners to rely upon.

- No set office hours or on-site living requirements
- On-site offices under OA in both complexes
- Located in high-demand inner-city regions
- Both complexes promise strong financial performance with a net profit over $500,000
- Short-term conversion option to Mowbray Apartments
- 95 in combined onsite letting pool + 3 external rentals being sold with businesses
- Body corporate salary of $214,299 + additional cleaning allowance of $6,180 p.a. at Mowbray
- Newly topped up term at Mowbray to 25 years and 22+ years remaining at Pure
- Don't miss this chance to secure a solid investment in a thriving market.\
- Call Alex, Jessie or Tim now for a time to view!
- All inspections by appointment only
Date updated: 09 Mar 2025 22:00:05