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
Complex InformationTotal Units in Complex: 0
Motel InformationRestaurant Facilities: -Liquor Licence: -Restaurant: -Lease: -