The New Yorker, an iconic Brisbane CBD building, delivers a streamlined management rights operation, suitable for those seeking an easy add-on business with strong fundamentals, minimal workload and low operational complexity.
Caretaking duties remain exceptionally light with no car parks, gardens or swimming pool to maintain. This 58-unit Brisbane complex generates $100k+ in body corporate salary from a 23-unit letting pool, operating under 20-year agreements.
There is a clear pathway for converting current permanent tenancies and other Airbnb units to short-term letting presents genuine upside potential with an extremely supportive BC committee.
With no onsite living requirement, there is flexibility to rent out the ground-floor manager's two-bedroom, two-bathroom loft-style unit for additional income. Walking distance to the train station, Queen Street Mall, restaurants and all major amenities ensures outstanding rental demand.
Interested? Why not give Jessie Shi a call on 0422 935 428 or jessie@resortbrokers.com.au
