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      Accommodation & Tourism business for sale in Fortitude Valley

      • Accommodation & Tourism
      • Fortitude Valley QLD 4006
      • $800,000 Neg

      Price Reduced make an offer

      Wedged between Brunswick and James St, no location is more central, convenient or sought after.
      This complex is the epitome of inner-city accessibility, and is walking distance to Chinatown, Brunswick Street Mall, James St Markets,
      New Farm, the CBD and there are endless public transport options.
      The perfect inner-city hideaway for urban professionals or investors.
      This management rights presents a prime opportunity to secure an affordable, stylish unit in an unmatched location and a management rights with plenty of upside.
      The building is secure with an intercom and swipe access and every lifestyle need is catered for with a gym and pool onsite.
      Features include:
      - an undercover and open air large courtyard
      - Office and reception
      - an easy acces secure car park
      - swimming pool and gym
      - Corporate letting
      - 19 Outside Agents
      - 5 year top up available to the approved purchaser
      - Very reasonable multiplier

      PLANNED IMPROVEMENTS
      • conversion of all common lighting to movement sensitive LEDS
      • upgrading of pool tiles
      • upgrading of common area tiles
      • painting inside and out over the next 12 months
      • upgrading of reception area to enclose the whole area including desk
      • upgrading of gym to include owned equipment
      • purchase of CTS owned plants
      • upgrading of glassed areas to a self cleaning surface
      • DA approved for area diagonally opposite and behind the complex

      Business Highlights

      Business ID

      2013827432

      Last updated

      02 Aug 2018

      Category

      Accommodation & Tourism, Management Rights, Motel

      Map for Fortitude Valley QLD 4006

      1/15 Gordon Street Milton QLD 4064

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