Sold

Business Only Management Rights - 23% Return!

It was only a matter of time before the trendy suburb of East Brisbane saw the emergence of a building of this quality. The Welllington is a unique retail and living management rights (genuine business only), located in the heart of the suburb. Due for completion in October 2017, it presents a perfect opportunity for an experienced operator to add to their growing portfolio.

  • Units in excess of 50% pre-sold and constuction has commenced
  • Net income $318,926 p.a (projected) which has been verified by industry spcialist accountant
  • Wonderful inner city suburb and rapidly growing
  • Genuine business only management rights, no requirement to live onsite
  • Real estate available to purchase if desired but not attached to agreement.
  • Very modern and very spacious new build.
  • Fabulous roof top pool for those balmy Brisbane nights.
  • Roof top entertaining area equipped with BBQ facilities.
  • Brand new 25 year agreement.

NB: Property inspections are by appointment only

 

 

 

 

Gareth Closter

Interested? Why not give Gareth Closter a call on 0423 182 766 or