Exclusive

NEW FARM & KANGAROO POINT BUSINESS-ONLY MLR WITH $280K NET

A sensational opportunity to secure an easy to operate trio of business-only management rights, located in the heart of Brisbane's inner-city circle.

  • Three business-only complexes - built between 2018 and 2021
  • No real estate to buy or requirement to live on site in any building
  • No set office hours stated in any of the agreements
  • Generous Body Corporate salary of $160,000 per annum + GST - CPI increase annually
  • 107 total units across the three buildings
  • 51 units in the letting pool + 2 off-site rentals (in close proximity)
  • All three businesses are located 4 to 8 mins apart
  • Situated in prime inner-city suburbs of East Brisbane, Kangaroo Point and New Farm
  • Two complexes are based on Accommodation Module 25 year agreements
  • One complex is caretaking only based on 10 year standard module
  • One office space (under Occupational Authority) located in East Brisbane complex
  • All complexes have storage rooms or cages for cleaning, chemicals and equipment
  • On-site facilities include rooftop pool, gym and BBQ
  • Perfect as an add-on for experienced managers

 

 

Tim Crooks

Interested? Why not give Tim Crooks a call on 0417 544 562 or