MODERN HIGH-RISE BUSINESS ONLY MANAGEMENT RIGHTS IN TOOWONG

An Idyllic inner-city location, a great income, long agreements and plenty of upside potential combine to make this business-only opportunity one of the best on the market!

  • Ultra modern building with striking architecture comprising 60 apartments
  • 34 apartments in the on-site letting pool and 6 external agents
  • City views from the rooftop with swimming pool, communal seating area with BBQ facility
  • Net profit of $158,242 verified by industry specialist accountant
  • 23 years remaining on the Caretaking and Letting Agreements
  • No onsite office to manage, no set office hours
  • No requirement to own a lot or buy real estate
  • 100m walk to Regatta Hotel and opposite Memorial Park
  • Close to CityCat Ferry, Toowong Shopping Complex and train station

 

 

Listing Ref MRB007009
Property Type Management Rights
Sale Type Management Rights - Business only
State QLD
Region Brisbane
Suburb Toowong
Net Profit $149,954
Price $1,013,000
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Jeff Keast

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Tim Crooks
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