The vendor has decided to liquidate this asset as he has interests else where and wants to be out of this property. Several years ago it was running at in excess of $500,000 income per year.
He is now offering it for the sale of the BC salary of $100,000 at a 5.5 multiplier and there is in excess of 30 rentals will be thrown in free
This is the best value for money in any MR I have ever seen.
The opportunities for a hard working couple are reticulated.

Located within a 10 minute walk from the hotel is the Brisbane River, a mixture of eclectic cafes, restaurants, night clubs, pubs, China Town, retail shops and the trendy James Street precinct whilst still only being a 5 minute taxi ride from the Brisbane CBD or a 30 minute taxi ride from the Brisbane Airport.

The blue sky in this complex is unbelievable Please contact Robert Collins for an inspection on 0404678792 or robertc@raas.com.au

Unfortunately this is a business that has been run under management badly and now there is substantial room for growth for an operator ready to revive the business Please note there is actually 80 apartments in the complex as lot 1 is the office and lot 2 is the managers residence.