West End, Queensland

Price Reduced to $1,429,000

Property Description

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!

Property Summary

Business Snapshot

Price: Price Reduced to $1,429,000 Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $750,000Bedrooms: 2Bathrooms: 2Car Spaces: 2Office: Exclusive Use

Complex Information

Complex 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

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

Listing Tools

Property Map

Map Location ( get directions )

West End, Queensland 4101 Exact map location not provided

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