,

West End

$2,697,000

2

2

1

Management Rights

  • Permanent Complex Type
  • 32 Letting Pool
  • $192,000 Remuneration
  • $331,500 Net Profit
  • $840,000 Manager's Unit
  • BBQ, Sauna, WiFi, Pets Allowed, Pool Features

Property Description

INNER-CITY WATERFRONT - NETS $330K

Featuring a vibrant inner-city lifestyle this modern residential Brisbane Management Rights apartment building scream's location, location, location! Residents enjoy a rooftop oasis, boasting pool and BBQ areas, whilst relishing sweeping vistas encompassing the city skyline, Brisbane River, and majestic Mount Coot-tha. And within the Brisbane State High School catchment area. Importantly the business itself, impresses as equal to the building and stunning location. A healthy Body Corporate Salary of $192,000 is incorporated into a total net income of $331,000. The onsite letting pool is made up of one- and two-bedroom apartments, with significant scope to improve on the 32 lets currently under management. The onsite manager's apartment is also an attractive proposition, featuring 2 bedrooms, 2 bathrooms and 1 car space. Moments from Brisbane's iconic riverfront, with scenic running and bike tracks, lush parklands, and renowned farmer's markets. Enjoy unparalleled convenience to Montague Markets, Harris Farm Markets, and an array of cafes, restaurants, boutiques, and entertainment venues within walking distance. CityCat, train stations, the Pacific Motorway, hospitals, and a short 2km commute to the CBD ensures all amenities are easily accessible. Don't be late to this party! Contact me now for more information.

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