Under Contract

NEWLY ESTABLISHED BUSINESS-ONLY WITH HIGH NET IN KANGAROO POINT

Resort Broker's Australia brings you this unique opportunity to get a newly established Management Rights in Kangaroo Point. This business includes a separate manager's office on title and a stunning one-bedroom apartment that can be rented out or you can have a manager reside in.

  • No set office hours and no requirement to live on-site
  • New York-style designed hi-rise with river and city views
  • Sweeping city skyline views from the rooftop entertainment terrace with exclusive use swimming pool, open fireplace and pizza oven
  • Over 24 years remaining on both Caretaking and Letting Agreements
  • High annual net profit over $270,000 in a sought-after position by tenants
  • 62 apartments in the letting pool currently 
  • Potential upside from the additional 6 as yet unsold apartments
  • Exceptional interior design with superior fittings and finishes to all apartments
  • Spacious one-bedroom manager'sapartment for $415,000 can be rented out to produce $20,500 income annually 
  • Separate 7sqm manager's office for $40,000
  • Enviable location with access to recreational and sporting facilities, entertainment and cultural precincts, employment and educational hubs
  • Easy walking distance to Brisbane CBD, The Gabba, Mater Hospital, South Bank and Five-ways precinct
  • Property inspections are by appointment only

 

Brent Staker

Interested? Why not give Brent Staker a call on 0410 344 344 or