South Brisbane, Queensland
Growing Short Term Management Rights Centrally in South Brisbane
SOLD
Business Description
• Perfectly located in the prestigious heart of South Brisbane, walk to South Bank Park and CBD in minutes
• 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 West End Commercial Street
• Very well run complex, all procedures documented
• No leaseback agreement within the letting pool
• Grounds easy care approximately 6-8 hours (average) caretaking per week
• Modern and spacious manager unit - two bedrooms, one open study, two bathrooms with large outdoor entertaining balcony
• No Requirement on residing on site, with annual rental income of $27,000, not included in P&L
• Located within the Brisbane State High School and West End State School catchment area
• This is a rare opportunity to purchase a corporate accommodation business with solid income, and great potential to grow.
A timing Just Right! Come and take a look we are sure you will be impressed!
Don't miss the opportunity, book your inspection now with NEXT exclusive agents, David Jiang or Marshal Wang
Business Summary
Key Investment Insights
1. Perfectly located in the prestigious heart of South Brisbane, with easy access to South Bank Park and CBD in minutes.
2. Close proximity to all necessary amenities, including Conference & Exhibition Centre, Museum, Gallery, and a variety of dining, shopping, and entertainment options.
3. Well-managed complex with all procedures documented.
4. No leaseback agreement within the letting pool, providing flexibility for the new owner.
5. Low maintenance grounds, requiring only 6-8 hours of caretaking per week on average.
6. Modern and spacious manager unit with two bedrooms, one open study, two bathrooms, and a large outdoor entertaining balcony.
7. No requirement to reside on site, with additional annual rental income of $27,000 not included in P&L.
8. Located within the Brisbane State High School and West End State School catchment area.
9. Rare opportunity to purchase a corporate accommodation business with solid income and potential for growth.
10. Don't miss the opportunity, book an inspection now with exclusive agents David Jiang or Marshal Wang.
