Fortitude Valley, Queensland
Centrally in Valley, Easy Permanent, No Living Onsite
SOLD
Business Description
- Perfectly located in the prestigious heart of Fortitude Valley, offering inner city charm
- Walk to China Town and CBD in minutes, close to all the necessary amenities, vibrant and distinctive award-winning dining, shopping, beauty, health & wellbeing precinct and an easy stroll to James Street or The Emporium
- Complex very popular with renters, since so close to all the public transport this makes it ideal for the inner-city lifestyle for tenants
- Body Corporate very good and supportive to work with
- Detached office on ground floor, no set office hours
- Very well run complex, all procedures documented
- Long agreement 23 years left on a 25 years accommodation module
- Easy caretaker workload, no pool, no garden, no gym, no BBQ, small lobby
- Fantastic Body Corporate salary of $140k, with annual CPI adjustment every June
- Modern and spacious manager residence on Level 6 - two bedrooms, two bathrooms, one huge open living area with large indoor entertaining balcony and two carparks
- Ideal for a family looking for a solid income and great lifestyle
This is the Goldilocks complex, offering an easy lifestyle and solid business. Just Right!
Business Summary
Key Investment Insights
- Located in the prestigious heart of Fortitude Valley, close to all necessary amenities and vibrant dining, shopping, and entertainment precincts
- Easy access to China Town and CBD, with an easy stroll to James Street or The Emporium
- Popular with renters due to its central location and proximity to public transport
- Supportive and well-run body corporate with a long 23-year agreement remaining
- Detached office on the ground floor with no set office hours
- Low caretaker workload with no pool, garden, gym, or BBQ to maintain
- Generous Body Corporate salary of $140k with annual CPI adjustment
- Modern and spacious manager residence with two bedrooms, two bathrooms, and two carparks
- Ideal for a family looking for a solid income and great lifestyle.
