West End, Queensland
Permanent GEM and Great Residence in West End, Brisbane
4.5 Times MR + Large 2/2/2 MU @ $1.65mil ONO
Business Description
MLR Business Asking for $673,000 on Net Income $149,447
Manager Residence is a large 2/2/2 apartment at $980,000 as per Latest Valuation by Industry Valuer in March 2025
High quality complex, perfectly located in the prestigious heart of West End, sought after nature environment for quality lifestyle, walking distance to South Bank Park and CBD in 15 - 20 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
- Body Corporate very fantastic and supportive to work with
- Small letting pool to give you an undisturbed lifestyle
- Well-presented exclusive office, no office hours
- A great manager remuneration $105,000 with annual adjustment of CPI
- Long agreement 20 years left on a 25 years accommodation module
- Modern and fantastic manager unit, located within the Brisbane State High School and West End State School catchment area
- Ideal for a family or semi-retired couple looking for a solid income and great lifestyle
If you want to buy a great management right business and beautiful lifestyle, it ticks all your boxes, please book your inspection immediately with NEXT team.
Business Summary
Key Investment Insights
1. High quality complex located in the prestigious heart of West End, Brisbane.
2. Sought after nature environment for quality lifestyle.
3. Walking distance to South Bank Park and CBD in 15-20 minutes.
4. Close proximity to all necessary amenities, including Conference & Exhibition Centre, Museum, Gallery, dining, shopping, beauty, health & wellbeing precinct.
5. Easy stroll to West End Commercial Street.
6. Well-run complex with documented procedures.
7. Fantastic and supportive Body Corporate.
8. Small letting pool for an undisturbed lifestyle.
9. Well-presented exclusive office with no office hours.
10. Great manager remuneration of $105,000 with annual adjustment of CPI.
11. Long agreement of 20 years left on a 25-year accommodation module.
12. Modern and fantastic manager unit within the Brisbane State High School and West End State School catchment area.
13. Ideal for a family or semi-retired couple looking for a solid income and great lifestyle.
