1 / 37D Harbour Road, Hamilton, Queensland

Near New Portside Precent High Rise.

$2,960,000

Business Description

Amenities: rooftop BBQ and entertainment area over looking Brisbane river with city view, infinity pool, gym
Manager unit: two bed two bath one storage - On the river with generous open plan living area
Kitchen with top quality appliances
Main bedroom with walk in wardrobe and EnSite bathroom
Spacious second bedroom with built in wardrobes
Main bathroom with shower over bath
1 Secure car park and 1 storage cage
Located in the Portside precinct with its many shopping, dining and entertainment options.
Close to all amenities, school and parkland
Walking distance to Racecourse Road Village, Woolworths, Domino's Pizza, Coffee Club and Anytime Fitness
10 minutes drive to the Brisbane CBD
10 minutes drive to the Brisbane airports
Surrounded by public transport including the City Cat
Price: business $2,130,000; apartment: $830,000
Please contact Robert Collins Exclusive Agent for an inspection on ---------- or ----------

Business Summary

Business Snapshot

Price: $2,960,000 Net Profit: $349,957 Remuneration / Body Corp Salary: $215,281

Managers Unit

Value of Managers Apartment: $830,000Bedrooms: 2Bathrooms: 2Car Spaces: 1

Complex Information

Complex Type: PermanentTotal Units in Complex: 162Total Units in Letting Pool: 50Holiday Units: 50Owner Occupy Units: 76Outside Agent Units: 112Agreement Term: 25 yearsAgreement Term Remaining: 20 years
Marketing Agent
Robert Collins
Robert Collins

RAAS Property Group

RAAS Property Group

Key Investment Insights

1. Located in the highly desirable Portside precinct with stunning views of the Brisbane river and city skyline.
2. Near new high-rise building with modern and luxurious amenities including a rooftop BBQ and entertainment area, infinity pool, and gym.
3. Manager's unit is a spacious and well-appointed two bedroom, two bathroom apartment with a storage cage.
4. Open plan living area with top quality kitchen appliances and a balcony overlooking the river.
5. Main bedroom includes a walk-in wardrobe and EnSite bathroom.
6. Second bedroom has built-in wardrobes and access to a main bathroom with shower over bath.
7. Includes 1 secure car park and close proximity to public transportation, including the City Cat.
8. Surrounded by a variety of shopping, dining, and entertainment options within the Portside precinct.
9. Close to all amenities, schools, and parkland.
10. Only a 10 minute drive to both the Brisbane CBD and airports.
11. Business and apartment can be purchased separately, providing flexibility for potential buyers.
12. Strong net profit and body corporate salary, providing a solid investment opportunity.
13. Long agreement term of 25 years with 20 years remaining.
14. Combination of permanent, holiday, and owner-occupied units in the complex provides a diverse and stable rental pool.

Management Rights Multiplier: 6.09
ROI Estimate: 16.43%

Listing location
Gallery

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