ID 8274 BL, Brisbane City, Queensland

$5,787,000

Property Description

Business For Sale - Hot Brisbane Corporate Management Rights - ID 8274 BL

HOT BRISBANE CORPORATE MANAGEMENT RIGHTS
BOUTIQUE HOTEL STYLE

- 4 star self-rated
- 89 x one bedroom serviced apartments
- Currently 71in rental pool, all short term
- High floor, one bedroom managers apartment on the 16th floor
- Office reception and back office on title
- Total real estate price $570,000 (two lots, office/reception & managers apartment, valuation in place)
- Firmly established business in busy corporate area

Ideal for motivated operation team, high repeat business. Serviced by on-site cafe, owned and operated by others

Net Profit: $942,000 (accountants report)
Asking Price: $5,787,000 W.I.W.O

Confidentiality Conditions Apply

All enquiries to:

Exclusive Agent
Greg Jorgensen
0407 721 335
greg@mrsales.com.au

Located opposite the hotel, the Brisbane Transit Centre is set to be re-developed with early works starting in 2019 to make way for Cross River Rail's new underground Roma Street Station. The site will also house an 18,000 seat stadium, Stadium Sphere, and is expected to be used by more than 230,000 commuters each week.

Property Summary

Business Snapshot

Price: $5,787,000 Net Profit: $942,688 Remuneration / Body Corp Salary: $178,332

Managers Unit

Value of Managers Apartment: $570,000Bedrooms: 1Bathrooms: 1Car Spaces: 1Office: On TitlePets OK: No

Complex Information

Complex Type: CorporateTotal Units in Complex: 89Total Units in Letting Pool: 71Permanent Units: 71Owner Occupy Units: 18Agreement Term: 25 yearsAgreement Term Remaining: 15 yearsPool: YesSpa: YesSauna: Yes

Marketing Agent

  • Greg Jorgensen

  • 1300 928 556
  • 0407 721 335
  • send email

Marketing Agency

MR Sales

MR Sales

MR Sales

Greg Jorgensen
MR Sales

Phone

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Map Location ( get directions )

ID 8274 BL, Brisbane City, Queensland 4000

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