South Brisbane, Queensland
350k Net Profit Perfect River View in South Brisbane
• 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.
Net Profit: $351,483 Remuneration / Body Corp Salary: $101,064Body corp salary review: CPI Annually
Managers UnitValue of Managers Apartment: $350,000Bedrooms: 1Bathrooms: 1Car Spaces: 1Office: On Title
Complex InformationComplex 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