Price drop - motivated vendor
Located in Spring Hill, this lucrative, corporate short-term management rights business provides a dynamic operator the perfect work to lifestyle balance.
- Consists of 54 modern studio, one and two-bedroom apartments.
- Verified net profit now showing $50K in growth since June 2021 - $329K
- Recently topped up Caretaking and Letting agreements
- Good cash flow, easily run with room for capital growth
- Strong income drivers from local hospitals and major employment centres
- Excellent repeat bookings from long-term clientele
- Long agreements - 21 years to run
- Spacious 2 bed, 2 bath manager's residence
- Supportive Body Corporate Committee
- Easy to run complex with no onerous gardens and BC handling the pool
- Ideal for a dynamic duo looking to enjoy inner-city living and earning a fantastic income
- Property inspections are by appointment only