Spring Hill, Queensland

$2,850,000

Property Description

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!

Property Summary

Managers Unit

Complex Information

Total Units in Complex: 0

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

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Map Location ( get directions )

Spring Hill, Queensland 4000 Exact map location not provided

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