$599k MR & $830k Unit = Total $1.429M

Discover the charm and lifestyle of the beautifully restored and heritage-listed Teneriffe Apartments at 241 Arthur Street. Nestled in the vibrant riverside precinct of Teneriffe, this exceptional property offers a fantastic living environment and a lucrative business opportunity for the right manager.

Key Highlights:
• No Office Hours: Enjoy flexibility and work-life balance.
• Net Profit: $132,541
• Business Price: $590k @ 4.52x multiple
• Unit Price: $830k
• Total Price: $1.429M
• Lease Term: 21 years remaining on Accommodation Module

Property Features:
• Prime Location: Walk to Brisbane CBD, Brisbane River, exclusive shopping, and fine dining.
• Recently Renovated: Freshly painted in neutral colors.
• Spacious Layout: 2nd-floor split-level apartment with high ceilings and polished timber floors.
• Comfort: Newly carpeted bedrooms, ensuite, air conditioning, and study.
• Convenience: Single undercover car park.

Economic Highlights of Teneriffe:
• Strong Growth: Teneriffe is one of Brisbane's most sought-after suburbs, known for its robust property market and consistent capital growth.
• Lifestyle Hub: A thriving community with trendy cafes, boutique shops, and a lively arts scene, contributing to a high demand for quality accommodation.
• Accessibility: Excellent public transport links and proximity to key business districts make Teneriffe an ideal location for professionals and families.

This is a rare opportunity to secure a management rights business in a premier location with potential to increase income. Don't miss out—this opportunity won't last!

**Ras360 – Specialists in Management Rights | Motels | Hotels | Pubs | Parks**