MLR Business Asking for $1,666,000 on Net Income $290,472
Manager Residence is a large 2/2/1 apartment plus on-title office at $800,000
High quality complex, perfectly located in the prestigious heart of West End, sought after nature environment for quality lifestyle, walking distance to South Bank Park and CBD in 15 – 20 minutes. Close to all the necessary amenities, only a short walk to Conference & Exhibition Centre, Museum, Gallery as well as all vibrant and distinctive award winning dining, shopping, beauty, health & wellbeing precinct and an easy stroll to West End Commercial Street
- Great Building with all one or two beds units in West End/South Brisbane Area
- Great remuneration $128,577 with annual increase of CPI or 3% in every July, which is greater
- Very solid P&L statement (Verified by industry specialist accountant)
- 20 years left on Caretaker/Letting Agreements
- Manager Residence – A large 2/2/1 Apartment, plus a large office on title,
- No requirement of residing onsite, manager unit has been tenanted with a weekly rent of $780
- No offices hours, be contactable during normal hours
- Close to West End/South Brisbane Precinct also Brisbane State High Catchment
If you want to buy a great management right business and beautiful lifestyle, it ticks all your boxes, please book your inspection immediately with NEXT team.