South Brisbane, Queensland

Asking $3.375M, Large Income and Three Beds Residence in Central South Brisbane!

SOLD

Business Description

- Great Net Income $480,037, Big Permanent and Small Short Term Mix

- Perfectly located in the prestigious heart of South Brisbane, offering inner city and South Bank charm
Walking distance to South Bank Park and CBD in minutes
High quality building, the apartments have all the resort-style facilities that the corporate customer could demand, including a swimming pool, gymnasium, heated spa, media room, coin operated laundry and vending machines
Close to all the necessary amenities, only a short walk to Conference & Exhibition Centre, Museum, Gallery as well as all vibrant and distinctive award-winning dining, shopping, beauty, health & wellbeing precinct and an easy stroll to South Bank Park

- Well established and Very well run complex, all procedures documented

- Long agreement 24 years left on a 25 years accommodation module

- Fantastic Body Corporate salary of $172,676, with annual CPI adjustment

- Body Corporate very good and supportive to work with

- Modern and spacious manager residence comprises three bedrooms, two bathrooms, lounge/dining room, kitchen, laundry, patio, a large backyard and two carparks

- Large reception, circular drop off bay at entrance and a large counter office with back of house allow the manager to deliver the highest level of service when checking guests in and out

- Located within the Brisbane State High School and West End State School catchment area

Come on in and reap the rewards that this fantastic offering has to offer. This is the Goldilocks complex, offering a great lifestyle and solid business. Just Right!

Business Summary

Managers Unit

Complex Information

Marketing Agent
David Jiang
David Jiang

David Janett
David Janett

Next Business & Property Sales

Next Business & Property Sales

Key Investment Insights

Key insights for this business for sale listing include:

- Located in the prestigious heart of South Brisbane, offering inner city and South Bank charm
- Walking distance to South Bank Park and CBD in minutes
- High quality building with resort-style facilities
- Close to necessary amenities, including Conference & Exhibition Centre, Museum, Gallery, and award-winning dining and shopping precincts
- Well established and well run complex with documented procedures
- Long agreement with 24 years left on a 25 year accommodation module
- Fantastic Body Corporate salary of $172,676 with annual CPI adjustment
- Modern and spacious manager residence with three bedrooms, two bathrooms, and two carparks
- Large reception and circular drop off bay for easy guest check-in and check-out
- Located within the catchment area for Brisbane State High School and West End State School.
Listing location

This Business is sold

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