South Brisbane, Queensland
Two Southbank complexes
There are two MR nearly next to each other Fish Lane and SW1
There are several BC and the total income is in excess of $420,000
You need to buy the managers unit but it is not required to live on site
This is in a high rental area and nearly all the work is done by the managers with a part time receptionist whos wages are an expense in the P&L If you are looking for a large MR close to South bank etc., this is the one for you MR of this size rarely come up. price is negotiable.
Managers Unit $620,000
Income $ 421,482
Please contact Robert Collins on ---------- or ---------- the first instance.
Net Profit: $421,482 Remuneration / Body Corp Salary: $230,670
Managers UnitBedrooms: 2Bathrooms: 2Car Spaces: 2Office: On Title
Complex InformationComplex Type: PermanentTotal Units in Complex: 145Total Units in Letting Pool: 72Holiday Units: 72Owner Occupy Units: 49Outside Agent Units: 19Lockup Units: 3Agreement Term Remaining: 20 years