Fortitude Valley, Queensland
Business Only, Permanent Business in Fortitude Vally, Brisbane City
Business Only for $880,800
Business Description
In a prime location on the centre of Fortitude Valley this business ticks all the boxes whilst providing opportunity to grow the business
Asking for $880,800 for solid income $146,800, verified by Industry Specialist Accountant
- 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
- Body Corporate very good and supportive to work with
- Fantastic Body Corporate salary of $103,210 with a CPI increase annually
- 21 years plus left on the agreements (accommodation module)
- Very well-run complex, all procedures documented
- Exclusive office on ground floor, no set office hours
- Complex very popular with renters, since so close to all the public transport this makes it ideal for the inner-city lifestyle for tenants
- New public school catchment, Fortitude Valley High School are only moments walks away.
This is the Goldilocks complex, offering a great lifestyle and solid business. Just Right! Come and take a look we are sure you will be impressed!!
Business Summary
Key Investment Insights
1. Asking price $880,800, business-only sale for a permanent business.
2. Verified net income $146,800, confirmed by an Industry Specialist Accountant.
3. Prime central Fortitude Valley location, inner-city charm and high visibility.
4. Short walk to Chinatown and the CBD, close to James Street and The Emporium.
5. Located within an award-winning dining, shopping, beauty, health and wellbeing precinct.
6. Supportive, well-regarded body corporate, noted as very good to work with.
7. Body Corporate salary of $103,210 with annual CPI increases, providing predictable income growth.
8. Long-term stability with more than 21 years remaining on accommodation-module agreements.
9. Very well-run complex with documented procedures, facilitating smooth operations and transition.
10. Exclusive ground-floor office included, with no set office hours, offering operational flexibility.
11. Complex popular with renters due to proximity to public transport, supporting occupancy and cashflow.
12. New public school catchment, Fortitude Valley High School, within walking distance, enhancing local appeal.
