Established South Brisbane Permanent Business Netting $448,574
Established South Brisbane Permanent Business Netting $448,574
Established South Brisbane Permanent Business Netting $448,574
Established South Brisbane Permanent Business Netting $448,574
Established South Brisbane Permanent Business Netting $448,574
Established South Brisbane Permanent Business Netting $448,574
Established South Brisbane Permanent Business Netting $448,574
Established South Brisbane Permanent Business Netting $448,574
Established South Brisbane Permanent Business Netting $448,574
Established South Brisbane Permanent Business Netting $448,574

Established South Brisbane Permanent Business Netting $448,574

$3,390,000Sold

Resort Brokers Australia are proud to exclusively offer to market one of most successful inner city multiuse developments - SW1 & Fish Lane. The business consists of two management rights that are directly across from each other on Merivale Street, South Brisbane.

Key Features

  • SW1 has a leafy pathway with small breakaway green space interconnecting 38 stunning townhouses and 58 spacious apartments.
  • Large permanent income of over $448,574 with the secuirty of a huge $206,721.37 body corporate salary
  • Fish Lane is a funky near new development only completed in 2014 consisting of 48 modern apartments; it’s the perfect add-on to the neighboring SW1 complex.
  • Nestled between the two complexes is an outstanding retail precinct that is well established and held in high regard. This includes two licensed restaurants, cafes, Pig N Whistle, gymanasium, hairdresser and IGA supermarket - all within a short walk from your future doorstep. (No caretaking responsibility for any surrounding commercial or retail buildings or surrounding common areas)
  • Managers unit is a spacious two bedroom, two bathroom managers unit is surrounded by tranquil gardens which create privacy and a leafy outlook.
  • Real Property Consultants are one of the best operators in the industry meaning their systems, records and relationship with owners, investors and the body corporate is second to none.
  • The complex includes everything you could need to run a successful business, well established turn key operation.
  • Good tenure on both agreements with 20 & 24 years respectively and of course great relationships with both body corporates committees.

NB: Property inspections are by appointment only

Key Details

Listing Ref: MR004111
Property Type: Management Rights
Region: QLD - Brisbane
Suburb: South Brisbane
Sale Type: Management Rights - All
Net Profit: $448,574
Price: $3,390,000

Location

Listing Agent(s)

Agent Feedback

Tim is helpful, friendly and passionate about the management rights industry and it is a pleasure to work with such a professional who takes a long term outlook on the industry.

- Michael Kent
Queensland Development Manager,
PELLICANO GROUP

ARIA Property has had the pleasure of working with Tim on our 3 most recent projects, VINE, Jardin and Austin. Tim is very knowledgeable in off the plan multi-unit residential and his enthusiasm is infectious. He has shown to have a good work ethic and has been very transparent in all of his dealings.  ARIA Property Group will continue working with Tim on its upcoming developments.      

- Tim Forrester
Managing Director,
ARIA PROPERTY GROUP