Share this property

realcommercial.com.au

Address available on request South Brisbane, QLD 4101

Address available on request,
South Brisbane, QLD 4101

Hotel, Motel & Leisure

Price information

Sale

$2,953,777

Under Contract

Key property information

Floor area

Private inspections

to arrange a private inspection.

Map

Directions

Brisbane Permanent Inner City Permanent MLR with $370K Net Profit! | Resort Brokers ID : MR008237

Price Reduced! Fantastic opportunity to secure a profitable business with associated office and apartment in a central location of vibrant South Brisbane/West End border! The management rights to Canvas offers potential for growth with work flexibility and long tenure on agreements.


- Striking mid-size complex offering 141 apartments with 59 in on-site letting pool
- Verified net profit of $373,927 by industry accountant
- Body Corporate salary $219,702 p.a.
- Over 21 years remaining on Caretaking and Letting Agreements
- No set office hours giving flexible lifestyle opportunity for incoming managers
- Spacious 2B/ 2B bath manager's unit with attached 27sqm office - $785,000
- Manager required to live on-site
- Permanent complex with no short term lettings
- Prime location close to key amenity, transport, entertainment & employment hubs
- All inspections by appointment only

Additional information

Property ID: 504595772Last Updated: 18 Nov 2024

04175445...
realcommercial.com.au logo
Address available on request
South Brisbane, QLD 4101

Make an enquiry

What's your enquiry about?

Enter your details

Similar properties

Other properties you might be interested in based on the location and property type you are looking at.