South Brisbane, Queensland

Price Reduced to $2,660,000

Property Description

Great Corporate in Central South Brisbane!

- Great Net Profit $400,000, asking 5.3 times multiplier on business
- Spacious Manager Residence 2 beds, 2 baths, 2 carparks with office on title
- Perfectly located in the prestigious heart of South Brisbane, short walk to South Bank
- Close to Conference & Exhibition Centre, Museum and Art Gallery
- Total 50 Units, 41 one bed or studio Units, secured business building, good return to investors
- Easy caretaking workload, small pool, no lift, no gym, manageable common area
- Long agreement - 22 years left
- No leaseback agreements within the letting pool
- Located within the Brisbane State High School and West End State School catchment area

This is a rare opportunity to purchase a corporate letting with big income in South Brisbane!
The owner is moving family, decided to sell ...
The income has great potential for growth, with fabulous booking in 2018!

Don't miss the opportunity, book your inspection now with NEXT exclusive agents, David Janett or David Jiang

Property Summary

Managers Unit

Complex Information

Total Units in Complex: 0

Motel Information

Restaurant Facilities: -Liquor Licence: -Restaurant: -Lease: -

Marketing Agent

David Jiang

Marketing Agency

Next Business & Property Sales

Next Business & Property Sales

Next Business & Property Sales

David Jiang
Next Business & Property Sales

Phone

Listing Tools

Property Map

Map Location ( get directions )

South Brisbane, Queensland 4101 Exact map location not provided

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