Prime Location Mixed Letting & Caretaking Business
MASSIVE PRICE REDUCTION FOR EARLY SALE. The Vendor has reduced the price by a very substantial amount. Vendor wishes to move inter-state to be with family. The building is located in a prime position on the fringe of Brisbane's CBD. It has a 4 star rating and was recently awarded by Booking.com, a certificate in recognition of its' very high inquiry and booking rate achievements. Lots of repeat business.
The complex presents the apartments to a very high standard, complete with Smart TVs and WiFi. As this is the only CBD area accommodation building providing these two important items it makes for a top destination for repeat business, travellers or longer staying clients. Forward bookings are very strong with no letup in inquiries.
The business can be run by a two person team although the current Manager chooses to employ staff. A wages expense has been built into the P & L.
The internal common areas of the complex were recently re-painted and new carpet laid throughout. Re-painting of the exterior is about to get underway with all cost coming from a healthy sinking fund.
Interested buyers will need to sign a CONFIDENTIALITY STATEMENT before sighting more detailed information. A Profit & Loss statement has been prepared by an Industry Accountant providing some peace of mind for any intending purchasers. Please contact Jim Prentice 0412 984 684 or E email@example.com in the first instance.
The asking price of $2.23m includes the spacious manager's apartment on the 2nd level.