4.8 LOW Multiplier Permanent Management Rights in West End!
Perfectly located in the prestigious heart of West End, sought after nature environment for quality lifestyle, walking distance to South Bank Park and CBD in 15 - 20 minutes
High quality complex, Pradella built awarded Building
Close to all the necessary amenities, only a short walk to Conference & Exhibition Centre, Museum, Gallery as well as all vibrant and distinctive award winning dining, shopping, beauty, health & wellbeing precinct and an easy stroll to West End Commercial Street
Very well run complex, all procedures documented
Body Corporate very fantastic and supportive to work with
A great manager remuneration $81,318 with annual adjustment of CPI
21 years agreement on a 25 years accommodation module (Top-up scheduled)
Modern and fantastic loft manager unit - two bedrooms, two bathrooms, one toilet downstairs, two carparks and a large outdoor entertaining yard
Located within the Brisbane State High School and West End State School catchment area
This is a rare opportunity to purchase such a lifestyle permanent management right business! Come and take a look we are sure you will be impressed!
Price: Price Reduced to $1,429,000
Body corp salary review: CPI Annually
Managers UnitValue of Managers Apartment: $750,000Bedrooms: 2Bathrooms: 2Car Spaces: 2Office: Exclusive Use
Complex InformationComplex Type: PermanentTotal Units in Complex: 65Total Units in Letting Pool: 17Permanent Units: 17Owner Occupy Units: 44Outside Agent Units: 4Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 20 Years yearsPool: YesGym: Yes