Fortitude Valley, Queensland

Under Contract / Offer

Property Description

Inner City Permanent Business-Only with Upside | Resort Brokers ID : MRB006166

Viva Apartments is an inner-city business only permanent management rights with new 25 year agreements. The income for this business is very stable with 70% of the income coming from the Body Corp. There is also various avenues for potential upside.



  • Potential upside from converting outside agents and increasing revenue streams

  • Business easily run by one person

  • New agreements with 25 year term

  • Fantastic near city location

  • Business only with NO real estate to purchase

  • Ideal add on for existing manager or entry to the market for new operator

  • Property inspection by appointment only

Date updated: 21 Feb 2020 23:00:06

Property Summary

Business Snapshot

Price: Under Contract / Offer Net Profit: $80,100 Remuneration / Body Corp Salary: $60,825

Managers Unit

Complex Information

Complex Type: PermanentTotal Units in Complex: 44Total Units in Letting Pool: 13Holiday Units: 13Owner Occupy Units: 22Outside Agent Units: 9Agreement Term Remaining: 25 years

Marketing Agent


Marketing Agency

ResortBrokers

Gareth Closter
ResortBrokers

Phone

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Map Location ( get directions )

Fortitude Valley, Queensland 4006 Exact map location not provided

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