Spring Hill, Queensland

Well Established Corporate Business and Still Growing

$2,245,000

Property Description

Priced to sell, with a good ROI with 4.7 times multiplier

Prime location, onlly inner-city area with 4000 Postcode on the doorsteps of CBD

Well established and steady business, most of units is studio, all procedures documented

Very well run complex, very popular with guests and tenants

Long agreement 22 years left on a 25 years accommodation module

Fantastic Body Corporate salary of $127k

Body Corporate very good and supportive to work with

Good staffing in place

Modern and spacious manager residence comprises two bedrooms, two bathrooms, lounge/dining room, kitchen, study, laundry, attached office on title and large storage and two car spaces

All refurbishment done, come on in and reap the rewards that this fantastic offering has to offer.

Please contact NEXT team now and book your inspection.

Property Summary

Business Snapshot

Price: $2,245,000 Remuneration / Body Corp Salary: $127,000

Managers Unit

Bedrooms: 2Bathrooms: 2Car Spaces: 2Office: On Title
Modern and spacious manager residence with lounge/dining room, kitchen, study, laundry, attached office on title and large storage area

Complex Information

Complex Type: n/aTotal Units in Complex: 0Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 22 years
Marketing Agent
David Jiang
David Jiang

Patrick Leou
Patrick Leou

Next Business & Property Sales

Next Business & Property Sales

Listing location
Gallery

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