Under Offer

Business-only with Upside only 4.5km to CBD

Exclusively offered through ResortBrokers is the management rights to this mid-size apartment building in Brisbane's inner western suburbs. This newly established business is a golden opportunity for an experienced operator to add-on.

Commanding city skyline, river and mountain views, this contemporary building comprises 90 apartments over 8 levels and offers superior rooftop facilities for resident's use. Including a broad mix of one, two and three bedroom configurations it has attracted a wide variety of owners, investors and tenants seeking to achieve the much desired work / life balance that comes with inner-city living. 

27 apartments are managed by the on-site team, with an additional 10 rented through outside agents so there is definite scope for growing the letting pool. This opportunity is perfect for an experienced operator to expand their existing caretaking and letting management business with this easy to operate building.

Highlights include:

  • Strong net profit with plenty of future upside
  • Solid Body Corporate Salary over $96K
  • Just shy of 24 years remaining on the Caretaking and Letting Agreements
  • No set office hours to maintain - must be contactable by mobile
  • No requirement to live on-site or own real estate
  • Newly established in May 2018
  • Rooftop pool with built-in BBQ, lawn, lounge and seating areas
  • Secure foyer entry with dual lifts
  • Basement parking and visitor bays
  • 19sqm manager's office on ground floor under Occupational Authority
  • Incredible inner-city location just 4.5km to CBD
  • Accessible to major infrastructure including hospital, university, shopping complexes
  • Surrounded by quality schools & colleges, village-style precincts for cafe culture and recreational amentities

 

 

 

Nathan Eades

Interested? Why not give Nathan Eades a call on 0448 339 920 or