FOR SALE $1,635,000 INCLUDES THE UNIT AND OFFICE
Established holiday and corporate stay management rights in a prominent location in Spring Hill just a short walk to the Brisbane CBD.
Property Description
- Netting $250,000 (Mix of short stay and long stay rentals)
- 23 years to run on Caretaking and letting agreements.
- Delightful inner city oasis that brings loyal clients back over and over
- 2 Bedroom 2 Bathroom plus office on title
- Be quick for this one or don’t complain when you miss out.
Pricing
Management Rights $ | $1.250,000 |
Managers Unit $ | $385,000 |
Managers Lot/s $ | – |
Total Price $ | $1,635,000 |
Management Rights Business Information
Location | Spring Hill |
Business Type | Mixed Short and Long Stay Lettings |
Building Age | See Information Memorandum |
Building Levels/Floors | 1 to 3 Levels |
Net Profit $ | $241,711 + GST |
Caretaking Fee $ | $72,000 + GST |
Total Lots in Complex | 60 |
Letting Pool Units | 37 |
Letting Agreement Term | 23 Years Remaing of 25 Years Total |
Caretaking Agreement Term | 23 Years Remaing of 25 Years Total |
Office Hours | See Information Memorandum |
Property Features
Pool | |
Sauna | |
Gym | |
BBQ | |
Conference Room | |
Cinema | |
Concierge | |
Car Parking | Secure parking |
Other Features | – |
Managers Units | |
Beds | 2 |
Bath | 1 |
Car Spaces | 1 |
Features | See Information Memorandum |
Managers Office | |
Size | 10 square metres |