Kangaroo Point, Queensland

$4,218,000

Property Description

Business For Sale - Rarely Available - Always Sought - ID 8712 BL

Kangaroo Point Short Term Letting
First Time Offered in over 15 Years

- Brisbane management rights for sale
- Adjacent to river and the iconic Storey Bridge Hotel
- Huge upside still available for the savvy operator
- Excellent mixture of studio, one, two and three bedroom apartments
- Building painted externally and internally recently
- Three bedroom manager accommodation, separate office and reception, meeting room and gymnasium. 4 titles, valuation in place
- Resort style pool and spa, gymnasium sauna, security parking
- Ideal family or partnership opportunity

Net Profit: $605,437
(Inclusive of current Body Corporate remuneration)
Asking Price: $4,218,000
(Inclusive of real estate valuation in place)

CONFIDENTIALITY CONDITIONS APPLY

For further information contact:

Exclusive Agents
Jake Clarke & Warren Oliver

Property Summary

Managers Unit

Complex Information

General Features

  • Land Size: 1 m2 (approx)

Marketing Agent


Marketing Agency

MR Sales

MR Sales

MR Sales

Jake Clarke
MR Sales

Phone

Listing Tools

Property Map

Map Location ( get directions )

Kangaroo Point, Queensland 4169 Exact map location not provided

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