Well-established and profitable mixed-use management rights in Spring Hill

ResortBrokers presents an exceptional opportunity to acquire the well-established and profitable mixed-use management rights located in the highly popular inner-city neighbourhood of Spring Hill.

This investment opportunity encompasses both permanent and short-term letting arrangements that deliver a verified net profit of circa $225,135. This diverse mix of rental options minimises risk, and ensures a continuous and varied occupancy rate, further enhancing the investment’s stability. Consists of 60 one and two-bedroom residential units within the complex, of which 30 units are in the letting pool, comprising 21 permanent lettings and 9 short-term lettings. This presents a great income growth potential, with the opportunity to convert permanent lets to short-term lets to capitalise on Brisbane's booming short-term market, especially leading towards the 2032 Olympics.

Long 24+ years agreement termed followed by successful top up, this property also benefits from a very supportive body corporate, fostering a positive and collaborative working relationship which ensures a smooth operation of the business.

Don't miss this chance to invest in a profitable business in a prime location, with a secure income stream and a supportive body corporate.

Contact Jessie Shi today for more information on this exciting opportunity.