West End, Queensland
BEST PRICED MR IN BRISBANE - CALLING ALL EXPERIENCED OPERATORS! | Resort Brokers ID : MR007616
Under Contract / Offer
Business Description
Boasting an enviable West End position, the business only management rights to Amersham presents an exciting opportunity for an operator to secure this high-quality permanent building.
- Net profit of $50,904
- Brand new agreements
- Beautifully designed building with 29 apartments across 5 levels
- Spacious and elegantly designed 2 & 3 bedroom apartments
- Near new building completed in late 2022
- Body Corporate salary $45,454 + GST adjusted 3% or CPI index annually (whichever is greater)
- Fantastic location just 2km to the Brisbane CBD and close to the vibrant heart of West End
- Close to river activity and walking distance to South Bank and local cafe/bar scene
- Inspections by appointment only
Date updated: 01 Dec 2023 22:00:01
Business Summary
Business Snapshot
Price: Under Contract / Offer
Net Profit: $50,904 Remuneration / Body Corp Salary: $45,454
Managers Unit
Complex Information
Complex Type: PermanentTotal Units in Complex: 29Total Units in Letting Pool: 2Holiday Units: 2Owner Occupy Units: 27Agreement Term Remaining: 25 years
Key Investment Insights
1. Net profit of $50,904
2. Brand new agreements
3. Beautifully designed building with 29 apartments across 5 levels
4. Spacious and elegantly designed 2 & 3 bedroom apartments
5. Near new building completed in late 2022
6. Body Corporate salary $45,454 + GST adjusted 3% or CPI index annually (whichever is greater)
7. Fantastic location just 2km to the Brisbane CBD and close to the vibrant heart of West End
8. Close to river activity and walking distance to South Bank and local cafe/bar scene
9. Inspections by appointment only
10. Complex type: Permanent
11. Total units in complex: 29
12. Total units in letting pool: 2
13. Holiday units: 2
14. Owner occupy units: 27
15. Agreement term remaining: 25 years
