$490,000 - Business Only

Exceptional Business Opportunity: Situated in Fortitude Valley, this offering presents a long-standing business-only management opportunity. It embodies the key components of a high-performing property with significant potential for growth. The property shows a nett profit of $90,213 and has a letting pool of 8 out of the 44 units in the complex.

Swift Interest Anticipated: Given the robust Brisbane market, swift interest is anticipated in this venture.

Low-Maintenance Business Model: This Business Only opportunity boasts a low-maintenance business model. With just 10 units in the letting pool, it is easily manageable by a single individual.

Steady Income Assured: Approximately 80% of revenue stems from the Body Corporate salary, providing a strong foundation for profitability and assuring a steady income for the new owner. This complex will not disappoint

Successful Agreements: The previous manager successfully secured new 25-year agreements with the committee, indicative of a cooperative and accommodating working relationship. They agreements have 25 years remaining at time of listing

External Agents Presence: Additionally, approximately 8 external agents are operating within the building, offering potential networking opportunities and additional avenues for business growth.

Contact the agents to arrange an inspection.

** Ras360 - Management Rights | Motels | Hotels | Pubs | Parks **