Price Reduced

PRICE REDUCTION - Realistic vendor meets the market!

Business only MR in Brisbane with a multiple in the 4’s? Featuring 41 units with 11 in the letting pool and 3 external letting appointments with strong upside still possible. This complex offers a lavish and spacious office that would rival any onsite office in the country. An arsenal of caretaking equipment supplied by the body corporate gives any operator a walk up start in this riverfront complex. Brand new 10 year agreements have just been implemented removing the requirement for the managers to buy a unit or live onsite, making this a true business only management rights for the first time.

  • Business-only management rights in Auchenflower
  • Six-figure net profit of $109,132
  • Brand new 10 year agreements 
  • Huge caretaking salary over $1,800 per lot
  • Solid foundation to continue to grow into a long term business
  • Supportive Body Corporate with strong top up history
  • Property inspections are by appointment only