Management Rights - Property - Accommodation - Brisbane City Fringe
Management Rights - Property - Accommodation - Brisbane City Fringe - Agent SBX Code Number: TTQW1060
Management rights business with a stylish 2 bedrooms premium riverfront Managers residence valued at $820,000 included in the sale. - The complex is currently being maintained by a single owner operator who returned a net profit of over $130,000 during the 2017/18 financial year. - Guaranteed $82,000 body corporate salary. - Lengthy tenure with 24 years remaining on letting agreements.
48 units, 14 in the letting pool. - Big upside potential.
Very manageable workload. - Low care-taking with no set office hours. - Fantastic lifestyle opportunity. - 100% occupancy all year long.
High end Inner City riverfront complex of 48 units which is 11 years old.
Situated within walking distance to Suncorp Stadium this apartment is as stunning as it is convenient, close to bus, train, ferry, cafe and restaurants.
Flexible - no set office hours.
26 years management rights agreement commenced in 2016.
1 owner operator.
The complex overlooks the Brisbane River with stunning views of the City skyline. - Just minutes from shops, cafes and restaurants, this coveted location offers an enviable Inner-City lifestyle. - Features an elegant entry foyer, tranquil central courtyard, a luxurious 25 metre lap pool and spa, fully equipped gymnasium, barbecue pavilion and lounge with kitchen which can be reserved.
Weekly Sales $2850
Rent (ex GST) $0
Agent SBX Code Number: TTQW1060 - SBX Business Brokers
- Last Updated October 2018
- Business Category Food/Hospitality
- Business Sub Category Takeaway Food
- Expenses $300
- Business Selling Price $1500000
- Trading Hours Flexible - no set office hours.
Suite 1, Level 2, 2 - 4 Pacific Highway,
St Leonards, NSW 2065