South Brisbane, Queensland
Asking for $5,189,800, First Time on Market - Great Location, Great Building, Great Business Nett $783,006
SOLD
Business Description
Perfectly Located in the Prestigious Heart of South Brisbane, Offering Inner City and South Bank Charm
South Brisbane is situated in the heart of South Brisbane, from which there is an array of cultural activities and venues to explore. From art galleries to strolls in the park, there is something for everyone to enjoy. Conveniently located within one kilometre of Brisbane's CBD, the inner south's proximity has made the area ideal for young professionals, baby boomers and investors.
Southbank, one of Brisbane's most popular tourist destinations, provides an extensive range of activities including cycling tracks, walkways, Southbank Parklands and much more. GOMA, The Qld State Library, Millennium Arts Centre, the Brisbane Convention Centre (Brisbane's largest convention centre), QPAC, Queensland Theatre, Suncorp Statdium are all within strolling distance.
South Brisbane is also home to a number of highly regarded University Campuses and Schools such as Brisbane State High, Summerville College, Griffith University and the Conservatorium of Music.
A consumer-friendly public transport network services South Brisbane, including rail, bus and City Cat services, offers efficient travel to the city and its surrounds. The city glider, city cats, ferries, train stations and South Bank bus station are all within easy walking distance. There are approx. 300 restaurants, bars and cafes, as well as over 50 fashion boutiques and 160 specialty stores in close proximity.
The South Bank and West End markets are also close by and offer a diverse range of surrounding restaurants, bars and popular coffee houses that sit amongst speciality shops. The relaxed family-friendly South Bank atmosphere and expansive community parklands provide an abundance of space for picnics and outings for visitors and residents. South Bank appeals to residents and visitors and there's always something to do and see in South Brisbane.
Well Established and Solid Business
Complex Very Popular With Guests and Tenants
Very Well Run Complex, All Procedures Documented
Long Agreement 20 years Left on a 25 Years Accommodation Module
Fantastic Body Corporate Salary of $150K, with Annual CPI or 4% Adjustment, Which is Greater
Modern and Spacious Manager Residence
Body Corporate Very Good and Supportive to Work With
Come on in and reap the rewards that this fantastic offering has to offer. Just Right!
Business Summary
Key Investment Insights
1. Prime location in the prestigious heart of South Brisbane, offering inner city and South Bank charm.
2. Proximity to Brisbane's CBD makes the area ideal for young professionals, baby boomers, and investors.
3. Close to popular tourist destinations such as Southbank Parklands, GOMA, and the Brisbane Convention Centre.
4. Home to highly regarded university campuses and schools.
5. Consumer-friendly public transport network with efficient travel options.
6. Diverse range of surrounding restaurants, bars, and cafes.
7. Well-established and solid business with documented procedures.
8. Long agreement with 20 years remaining on a 25-year accommodation module.
9. Fantastic body corporate salary with annual CPI or 4% adjustment.
10. Modern and spacious manager residence.
11. Supportive and good body corporate to work with.
