One and Two Bedroom Apartment Hybrid Hotel/Management and Letting Rights Near the Prestigious Wesley Mission Hospital - 1P5588MR

EXCLUSIVE TO CRE BROKERS. Ideally positioned in Auchenflower with uninterrupted views over the Brisbane River to West End and Southbank precincts. Underpinning the letting business are outpatients needing proximal access to the Wesley and out of town relatives visiting hospital patients. This established letting business comes with a Caretaking Salary, reception office and all systems in place.

A solid stand-alone MLR or fully operational bolt-on to your existing Letting Rights portfolio.

TOTAL NUMBER OF UNITS: 36
UNITS IN LETTING POOL; 18

MANAGER'S RESIDENCE: 1 bedroom, 1 bathroom plus spa occupation authority apartment

NET PROFIT: $330,756

OPTIONAL REAL ESTATE:
One Bedroom Apartment: All reasonable offers considered
Two Bedroom Apartment: All reasonable offers considered

BUSINESS PRICE: $1,100.000