Location! Location! Location!
Four Star Luxury Serviced Apartments and Holiday Accommodation in the heart of Brisbane
Conveniently located within the Spring Hill corporate precinct, central to everything Brisbane has to offer. Spring Hill is an inner city suburb of Brisbane located only two kilometres north of the CBD
The suburb neighbours the buzzing suburb of Fortitude Valley, where you will find endless cafes, restaurants, bars and China Town. Victoria Park is not far away for those wanting a game of golf and head across the river to South Bank Parklands for a swim or eat at one of the many cafes/ restaurants or enjoy some entertainment whether that be browsing the markets or to see a show at the arts centre etc. The location is second to none!
Location and amenities, within walking distance to RNA Showground, Centenary Pool and Zest Gym Complex, Queensland, Fortitude Valley Shops, China Town, Bars and Market as well as CBD
A long established business with plenty of upside
Body Corporate is supportive and helpful always
Still 20 years left on agreement, a 5 years top up was made in 2016
Good manager remuneration $83,663 with annual adjustment of CPI
The P&L was produced for 12 months ending in August 2017, the income is $412,000
All systems are in place, staff is happy to stay on. Indeed a 2 person team or partnership could save this wage
Modern and spacious manager residence, two beds, two baths, good size balcony on Level 3, on title reception and office on Ground Floor as well as a big storage on title
If you want a solid corporate management rights, also enjoy inner city lifestyle. Don't miss this one!
Please contact NEXT experienced agent team, David Jiang or David Janett, book your inspection now!
Net Profit: $412,000 Body corp salary review: CPI Annually
Managers UnitBedrooms: 2Bathrooms: 2Office: On Title
Complex InformationComplex Type: MixedTotal Units in Complex: 0Total Units in Letting Pool: 47Holiday Units: 47Agreement Term Remaining: 20 years