INCREDIBLE LONG AND SHORT TERM RENTALS
EXCLUSIVELY FOR SALE $4,250,000
Property Description
- Huge $605,000 nett income
- Mixed long and short term rentals
- 25 Year Agreements (Accomodation Module)
- Brisbane River views from majority of apartments
- Close to University of QLD, Toowong Shopping Centre and Wesley Hospital
- Huge apartments up to 168sqm
Pricing
| Management Rights $ | $3,500,000 |
| Managers Unit $ | $750,000 |
| Managers Lot/s $ | Office on Title. Separate from Apartment. |
| Total Price $ | $4,250,000 |
Management Rights Business Information
| Location | Auchenflower |
| Business Type | Mixed long and short term rentals |
| Building Age | 2001 |
| Building Levels/Floors | 11 |
| Net Profit $ | $605,000 ex gst |
| Caretaking Fee $ | $266,377 ex gst |
| Total Lots in Complex | 162 |
| Letting Pool Units | 74 |
| Letting Agreement Term | 18 years remaining on 25 year agreements |
| Caretaking Agreement Term | 18 years remaining on 25 year agreements |
| Office Hours | Monday to Friday 9AM to 5PM. Saturday 9AM to 12PM. |
Property Features
| Pool | Resort Style Pool |
| Sauna | |
| Gym | |
| BBQ | |
| Conference Room | – |
| Cinema | – |
| Concierge | – |
| Car Parking | Secured Parking |
| Other Features | Modern Lobby/Reception area |
| Managers Units | |
| Beds | 3 Bedrooms |
| Bath | 2 Bathrooms |
| Car Spaces | Secured Parking |
| Features | Huge 168 sqm residence with Secured parking |
| Managers Office | |
| Size | Approximately 20 sqm |
Management Pricing
Total Price $4,250,000
Property Enquiry
Property Agent
Rod Askew
Director
07 3554 0040
