South Brisbane, Queensland

$2,550,000

Property Description

Student Accommodation as its BEST

A once in a lifetime opportunity. Location is "plumb" and student accommodation. as well. Plenty of inquiry.Good long agreements and . Easy to run and maintain. Almost no gardens. Ample opportunity to improve bottom line.This place is a winner.Please Please contact Robert Collins Joint Exclusive Agent on 0404678792 or robertc@raas.com.au

Property Summary

Business Snapshot

Price: $2,550,000 Net Profit: $416,302 Remuneration / Body Corp Salary: $96,789

Managers Unit

Value of Managers Apartment: $450,000Bedrooms: 3

Complex Information

Complex Type: StudentTotal Units in Complex: 75Total Units in Letting Pool: 40Holiday Units: 40Owner Occupy Units: 21Agreement Term: 25 yearsAgreement Term Remaining: 16 years

Marketing Agent


Marketing Agency

RAAS Group

Robert Collins
RAAS Group

Phone

Listing Tools

This listing last updated: 24th September 2018

Property Map

Map Location ( get directions )

South Brisbane, Queensland 4101 Exact map location not provided

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