Auchenflower, Queensland

$918,000

Property Description

BUSINESS ONLY! INNER-CITY COMPLEX!

This is an opportunity for the BUSINESS ONLY of this inner-city complex. You don't need to spend money to buy the manager unit, just need to rent it to reside and obtain a higher return on your investment.

This well-maintained apartment complex is perfectly located only 2km from the Brisbane CBD. It's just a one minute walk to the Brisbane River. It features close proximity to shops and restaurants, with many convenient public transport options within walking distance to take advantage of bus, train and city-cat. It offers nearby bike paths and direct access to the Wesley Hospital. It is only a short 1.5km from the newly refurbished Toowong Shopping Centre. There are 22 years long agreement, new owner can choose to run by themselves or keep the current receptionist for easier and smoothly transfer. A business of this quality won't last long. Contact Celine today for further information.

Property Summary

Business Snapshot

Price: $918,000 Net Profit: $180,000 Remuneration / Body Corp Salary: $61,267

Managers Unit

Pets OK: Yes

Complex Information

Complex Type: CorporateTotal Units in Complex: 0Total Units in Letting Pool: 17Permanent Units: 17Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 23 years

Marketing Agent


Marketing Agency

Shine Realty

Celine Tseng
Shine Realty

Phone

Listing Tools

Property Map

Map Location ( get directions )

Auchenflower, Queensland 4066 Exact map location not provided

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