Auchenflower, Queensland

$4,250,000

Property Description

BRISBANE WITH OVER $600K NETT PROFIT

Mixed long and short term rentals
25 Year Agreements (Accomodation Module)
Brisbane River views from majority of apartments
Close to University's, Toowong Shopping Centre, Wesley Hospital and Park Road Precinct
Huge apartments up to 168sqm

Property Summary

Business Snapshot

Price: $4,250,000 Net Profit: $605,000 Remuneration / Body Corp Salary: $266,377Body corp salary review: Other

Managers Unit

Value of Managers Apartment: $750,000Bedrooms: 3Bathrooms: 2Car Spaces: 1Office: Exclusive Use
Huge 168 sqm residence with Secured parking

Complex Information

Complex Type: n/aTotal Units in Complex: 162Total Units in Letting Pool: 74Permanent Units: 74Agreement Term: 25 yearsAgreement Term Remaining: 18 yearsPool: YesSauna: YesGym: YesBBQ Area: Yes

Marketing Agent

Rod Askew / Eric Brizuela

Marketing Agency

RCA Business Brokers

RCA Business Brokers

RCA Business Brokers

Rod Askew / Eric Brizuela
RCA Business Brokers

Phone

Listing Tools

Property Map

Map Location ( get directions )

Auchenflower, Queensland 4066 Exact map location not provided

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EXCLUSIVE - $605,000 NETT INCOME
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AUCHENFLOWER
EXCLUSIVE - $605,000 NETT INCOME

$4,250,000
Net Income: $605,000
Managers Estate: $750,000 3 Bed 2 Bath
Letting Pool: 74
Remuneration: $266,377

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