Price Reduced

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
Listing Ref MR006862
Property Type Management Rights
Sale Type Management Rights - All
State QLD
Region Brisbane
Suburb SPRING HILL
Net Profit $328,761
Price $2,041,000
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Jeff Keast

Interested? Why not give Jeff Keast a call on 0414 669 007 or

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