Fortitude Valley, Queensland

$998,800

Property Description

For those seeking the ideal lifestyle/work balance

If you are looking for a three bedroom inner city apartment with a history of productive relationships, then we are pleased to offer the opportunity for inspection. Aternatively rent out the apartment generate additional income and manage from offsite! This four story apartment complex has not been available to the market for ten years.
The income is sound, there is room to grow and the workload is easily managed by a one person with time to spare.
The apartment has: three bedrooms; 2.5 bathrooms; 2 car spaces with the office on title. All the benefits of a vibrant inner city life beckon. Located in the trendy Fortitude Valley area and walking distance to James St market precinct, all the elements are in place for a rewarding business, just waiting for the next astute manager.
To explore this opportunity contact the exclusive listing Broker Peter Sagner: 0401 814 404 or e-mail peters@raas.com.au;

Property Summary

Business Snapshot

Price: $998,800 Net Profit: $87,063 Remuneration / Body Corp Salary: $57,768

Managers Unit

Value of Managers Apartment: $620,000Bedrooms: 3

Complex Information

Complex Type: PermanentTotal Units in Complex: 44Total Units in Letting Pool: 19Holiday Units: 19Owner Occupy Units: 18Agreement Term: 25 yearsAgreement Term Remaining: 22 years

Marketing Agent


Marketing Agency

RAAS Group

RAAS Group

RAAS Group

Peter Sagner
RAAS Group

Phone

Listing Tools

Property Map

Map Location ( get directions )

Fortitude Valley, Queensland 4006 Exact map location not provided

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