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Kangaroo Point, address available on request

Kangaroo Point, address available on request

Hotel/Leisure

  • For Sale
  • Bus: $1,544,000 + RE: $455,000
  • For Sale

NEWLY ESTABLISHED BUSINESS-ONLY WITH HIGH NET IN KANGAROO POINT | Resort Brokers ID :...

  • Business-only with high NOP
  • No set office hours
  • No requirement to live on-site

  • Floor Area
  • 1 m²
  • Last Updated
  • Jan 24, 2020

Additional Details


Interested in this property? Contact an Agent today

Resort Brokers Australia - South Brisbane

362 Montague Road

West End Qld 4101

Brent Staker

NEWLY ESTABLISHED BUSINESS-ONLY WITH HIGH NET IN KANGAROO POINT | Resort Brokers ID : MR005783

Resort Broker's Australia brings you this unique opportunity to get a newly established Management Rights in Kangaroo Point. This business includes a separate manager's office on title and a stunning one-bedroom apartment that can be rented out or you can have a manager reside in.

- No set office hours and no requirement to live on-site
- New York-style designedhi-rise with river and city views
- Sweeping city skyline views from the rooftop entertainment terrace with exclusive use swimming pool, open fireplace and pizza oven
- Over 24 years remaining on both Caretaking and Letting Agreements
- High annual net profit over $270,000 in a sought-after position by tenants
- 62 apartments in the letting pool currently
- Potential upside from the additional 6 as yet unsold apartments
- Exceptional interior design with superior fittings and finishes to all apartments
- Spacious one-bedroom manager'sapartment for $415,000 can be rented out to produce $20,500 income annually
- Separate 7sqm manager's office for $40,000
- Enviable location with access to recreational and sporting facilities, entertainment and cultural precincts,

Kangaroo Point, address available on request

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