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Business For Sale - Express Your Interest - This Will Be Sold - ID 8750 H

(no street name provided), Spring Hill QLD 4000

$995,000

HotelSize: n/a
Block size: 1 m² approx.
- Brisbane Management Rights Opportunity  
- Priced to Sell
- Quality 15 level apartment complex
- Modern inner city apartments with stunning city views
- Currently long term stays due to Covid-19, but ready to revert back
- Of the 52 apartments, 22 are currently in the letting pool
- Just a stroll to Brisbane CBD
- Close proximity to the best cafes & restaurants
- Body Corporate salary of $76,000 per annum
- 15 years remaining on Accommodation Agreement
- No real estate to purchase
- Potential plus for an experienced operator or add on to your existing Management Rights portfolio.

Net Profit: $198,762 (*Projected)
Asking Price: $995,000
All Offers Presented

For further information or to arrange an inspection of this Brisbane Management Rights Business for sale contact:

Management Rights Brokers
Lyn Pearsall & Amanda Rowe

Inspections

No open inspections scheduled.

Send an enquiry

Contact Lyn Pearsall to learn more about this property, request an inspection or take an online tour.

Key details

Property Type:Hotel
Block Size:1 *
Stamp Duty:$37,800*
*These are approximate values based on available information.

Property history
New

Suburb and property insights

Median salesMedian sales
 
Average Age
31 years
Population
5,974
Spring Hill's Property Profile
Spring Hill's Occupancy

Contact agents

MRSales

View agency details
Lyn PearsallMRSales
Amanda RoweMRSales
Please send me information on (no street name provided), Spring Hill QLD 4000
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Listing ID: 178489935. This listing has been viewed 0 times. It was first displayed on 10/07/2020 and last updated on 16/10/2020.