Please refer to Reference No: MR1424
Brisbane
Management Rights
Managers Unit: 2 Bedrooms
Value of Managers Apartment: $575,000
Very comfortable north easterly aspect Managers apartment. Managers also enjoy balcony views across the city and river views. Well presented and clever design in this unit.
Financial Snapshot
- Net Profit: $562,000
- Business Value: $3,425,000
- Body Corporate Salary: $102,500
- Salary Review: CPI annually
Complex Information
- Star Rating: 4.0 Star
- Total No. of Apartments: 89
- Apartments in Letting Pool: 61
- Holiday Letting: 49
- Permanent Letting: 12
- Owner Occupied: 25
- Outside Agent: 2
- Agreement Module: Accomodation
- Agreement Term: 25 years
- Agreement Term Remaining: 18 years
Full Description:
Situated in Brisbane’s CBD, these purpose built one & two bedroom apartments include all the necessities required by the busy modern corporate traveller.
All 89 apartments are fitted with modern appliances and furnishings, have air-conditioning and balconies. In addition they have installed high-speed Broadband internet connections, direct dial telephony, and Movies on Demand.
Hotel guests can enjoy safe secure parking, heated lap pool & spa with adjoining BBQ area and Gymnasium.
This highly recommended building is just a short walk to Central Train Station, Chinatown, Shops, City Cat Ferries and transport. Adjoining the building are convienience shopping such as Woolworths, Bakers Delight, Newsagency, Vintage Cellars, Amcal Chemist, Gourmet Deli even a Dentist
This building is well suited for corporate letting with established contacts with corporate world. There is plenty of growth in the business with another 21 units yet to be converted into the short term letting.
For more information or to arrange your confidential inspection contact marketing agent Monty Van Dyk on 0413 770 636 or email on monty.vandyk@kapitolbrokers.com.au
Summary:
89 unit Brisbane City building
short term letting
Fantastic growth potential
2 bedroom managers unit included
net profit $562,000
for sale including unit $4,085,000
Contact Monty Van Dyk 0413 770 636
