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 fully furnished apartment has been refurbished to the highest standard and repeat booking from past clients ensures there is a minimum period that the unit is not occupied. 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.
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. Income is averaging well in excess of $240.00 per week, clear of management costs, Body Corporate Fees and rates.
Contact: Bill Yapp 0417 719 385