Kangaroo Point QLD 4169

INVESTMENT OPPORTUNITY WITH EXCEPTIONAL RETURNS.

$178,000
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This fully furnished apartment is an investor only opportunity as it is leased back to the management and is not available for long term letting or permanent residency.

Located less that 2km from the Brisbane CBD in a modern complex that operates as a motel/hotel specialising in short term accommodation, this studio apartment must be inspected by all investors looking for good returns.

The Wellington has a large client base and is well positioned to appeal to the lucrative short term holiday rental market and is currently running with a very high occupancy rate. This apartment enjoys a large number of repeat bookings

The complex has a lift to service the 3 levels of guest accommodation and lower level parking area. Facilities include a Licensed Restaurant and Bar, in-ground swimming pool with BBQ area and secure parking for guests.

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Bill Yapp will be in touch shortly.

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