Brisbane City, Queensland

$1,655,000

Property Description

ONE OF BRISBANE’S FINEST

These upmarket apartments enjoy a central Brisbane location. A five minute walk to China Town, 10 minute walk to Central Station and a 15 minute walk to Brisbane’s CBD.

Offering guests comfortable self contained one and two bedroom accommodation, the property offers a range of modern facilities such as heated pool and spa, sauna and gym. All with secure basement car parking.

This Holiday and Corporate short stay letting business has a solid letting pool, coupled with a Body Corporate salary of $89,000 and 23 years remaining on management agreements.

A well appointed two bedroom manager’s apartment of over 150 sqm, inclusive of office and reception on title offers a great lifestyle choice for those wishing the convenience of a vibrant city lifestyle.

Property Summary

Business Snapshot

Price: $1,655,000 Net Profit: $207,000 Remuneration / Body Corp Salary: $89,000Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $600,000Bedrooms: 2Bathrooms: 2Car Spaces: 1Office: On TitlePets OK: Yes
Beautiful two bedroom apartment

Complex Information

Complex Type: CorporateStar Rating: 4Total Units in Complex: 63Total Units in Letting Pool: 35Holiday Units: 35Owner Occupy Units: 13Outside Agent Units: 9Lockup Units: 5Manager Units: 1Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 23 yearsIndoor Pool: YesSpa: YesSauna: YesGym: YesPay TV: YesWIFI: Yes

Other Features / Notes

Modern Well Appointed Apartment

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Map Location ( get directions )

Brisbane City, Queensland 4000 Exact map location not provided

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