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Albion QLD 4010
Sold on 20 Oct 2023

Albion QLD 4010

  • Hotel, Motel, Pub & Leisure
  • Sold

SUPER-RIGHTS WITH 1 BC AND HIGH $912K NET - INNER-CITY LOCALE | Resort Brokers ID : MR007576

    The established Management and Letting Rights to this luxury complex in Albion is an outstanding opportunity to operate a significant-scale Brisbane business in a prime, inner-city location.

    - Fully established complex with permanent rentals
    - Recently topped up Agreements with 24 years remaining
    - Exceptional BC Salary of $498,814 p.a. - one BC scheme
    - 369 apartments with high letting pool of 225 and scope to grow
    - Luxury 1-bed / 1-bath apartment to own
    - Spacious manager's office and storage under OA
    - Standard 9am5pm Mon-Fri office hours (contactable by phone)
    - Net profit of $912,394 verified by specialist industry accountant
    - Extremely manageable caretaking duties
    - Excellent transport, vibrant village lifestyle
    - All inspections by appointment only

    Property Highlights

    Date Sold20 Oct 2023
    Floor AreaAsk Agent
    Land AreaAsk Agent
    ParkingAsk Agent
    Property ID2018368883
    Category
    Last updated  29 May 2023
    Map for Albion QLD 4010

    Property Highlights

    Date Sold20 Oct 2023
    Floor AreaAsk Agent
    Land AreaAsk Agent
    ParkingAsk Agent
    Property ID2018368883
    Category
    Last updated  29 May 2023

    Co-Agents

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