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Accommodation & Tourism business for sale in Fortitude Valley

  • Accommodation & Tourism
  • Fortitude Valley QLD 4006
  • Offers over $600K

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 ID2013827432
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ParkingAsk Business Broker
Annual returnAsk Business Broker
Category
Last updated  2 Aug 2018
Map for Fortitude Valley QLD 4006
Next Realty

1/15 Gordon Street Milton QLD 4064

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