Brisbane City
Sold
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Management Rights
- 110 Total Units
- Permanent Complex Type
- 63 Letting Pool
- $178,151 Remuneration
- $444,000 Net Profit
- $820,000 Manager's Unit
- Sauna, Pets Allowed, Pool Features
Property Description
NET $440,000 PLUS! LIVE OFF-SITE... 24 YEAR TERM
This fabulous permanent Brisbane Management Rights is located right in the heart of the city! Presently the Manager's apartment is tenanted with income, in addition to declared business profits, of over $32,000 p.a. An outstanding business offering with over 24 years to run on Management Agreements, Body Corporate Salary of almost $180,000 and the flexibility to reside off-site should you choose. Quality apartments just minutes' walk to Queen Street Mall, QUT, Botanical Gardens, bars, cafe's, restaurants, cinemas, supermarkets and public transport. Gym, indoor pool, sauna and secure parking are the "essential" resident amenities provided for within this iconic building. You want a good income with a supportive committee? Contact me for further information.
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