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Price Reduction on the Hill

Under Contract

  • Edge of Brisbane CBD – walk to Queen Street in 10-15 minutes
  • Great bolt on opportunity
  • No real estate to buy and no requirement to live onsite
  • No garden or pool to maintain
  • Easily run by one person plus partner/cleaner
  • Accommodation module agreements expiring 2039
  • Complex offers 39 units with 15 in the letting pool
  • Growth opportunity with 5 outside agents
  • Located walking distance to Brisbane CBD and hospitals
  • Modern, fully furnished one and two bedroom apartments with large balconies

Situated in the heart of Spring Hill and overlooking the magnificent Brisbane city skyline, this modern complex has no garden or pool to maintain and is easily run by one person. With no requirement to live onsite, this management rights business would also be an ideal bolt on for an existing business. Will also suit a first time operator seeking a business with upside.

Net Profit: $189,337
Reduced Asking Price: $900,000

For further information or to arrange an inspection of this Brisbane management rights business for sale contact:

Listing Broker
Lyn Pearsall
0425 168 244
lynpearsall@mrsales.com.au

Every care has been taken to verify the accuracy of the information contained in this document, including photos and artists impressions, but no warranty (either express or implied) is given by the agent as to the accuracy of its contents. Proposed purchasers should conduct their own investigations into all matters relating to the proposed purchase of the management rights business, motel, freehold, leasehold or investment property or any property or business advertised by Management Rights Sales.

Enquire Now

Business Summary

Property ID: 8878
Location: QLD - All
QLD - Brisbane All
QLD - Brisbane CBD
Suburb: Spring Hill
Price: $900,000
Property Type: Management Rights
Sale Type: Mixed
Nett: $189,337

Listing Agent

Lyn Pearsall

Office: 1300 928 556

Mobile: 0425 168 244

Fax: 1300 927 884

lynpearsall@mrsales.com.au

Show all of Lyn Pearsall's listings

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