South Brisbane, Queensland

350k Net Profit Perfect River View in South Brisbane

$2,280,000

Property Description

• Motivated Vendor, priced to sell.
• Absolute high performer, netting over $350k
• Solid body corporate remuneration over $101k per year
• Very strong rental demands for permanent and short term lettings
• Growth potentials for letting and property sales.
• Perfect location with Brisbane river view.
• Central to everything, Brisbane CBD only a few km’s away
• In Brisbane State High School catchment
• 1 bedroom Manager unit with office on title, asking $350,000 only.

Property Summary

Business Snapshot

Price: $2,280,000 Net Profit: $351,483 Remuneration / Body Corp Salary: $101,064Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $350,000Bedrooms: 1Bathrooms: 1Car Spaces: 1Office: On Title

Complex Information

Complex Type: PermanentTotal Units in Complex: 67Total Units in Letting Pool: 21Holiday Units: 11Permanent Units: 10Owner Occupy Units: 33Agreement Module: AccommodationAgreement Term Remaining: 18 yearsPool: YesTennis Court: YesBBQ Area: Yes
Marketing Agent
CeCe Chen
CeCe Chen

Onsite Management Rights

Onsite Management Rights

Listing location
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