Fortitude Valley, Queensland
Big Remuneration $179K Permanent Business in Valley! Priced to Sell
SOLD
Business Description
- Total asking $2,420,000 for big and solid net income $ 310,000
- Spacious three beds manager residence with large on title office $720,000
- 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
- Long 22 years left on the agreements
- On title office on ground floor, no set office hours
- Very well-run complex, all procedures documented
- Body Corporate very good and supportive to work with
- Fantastic Body Corporate salary of $179K with annual increase of CPI
- Complex very popular with renters, since so close to all the public transport this makes it ideal for the inner city lifestyle for tenants
- Modern and spacious manager unit - three bedrooms, two bathrooms, one huge open living area with large indoor entertaining balcony
- New public school - 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. Manager residence with large on-title office included in the sale for $720,000
2. Located in the prestigious heart of Fortitude Valley, close to all necessary amenities and popular dining and shopping areas
3. Long 22 years left on the agreements
4. No set office hours as the office is located on the ground floor
5. Well-run complex with documented procedures
6. Supportive and good Body Corporate to work with
7. Body Corporate salary of $179K with annual increase of CPI
8. Popular with renters due to its proximity to public transport and inner city lifestyle
9. Modern and spacious manager unit with three bedrooms, two bathrooms, and a large indoor entertaining balcony
10. Close to the newly built Fortitude Valley High School.
