Bowen Hills QLD 4006

This is a rare opportunity to secure a modern, purpose-built serviced apartment complex with a strong trading history and considerable scope for growth. Located in Bowen Hills, in the heart of the medical precinct close to Royal Brisbane & Woman's Hospital, Herston Private and Clive Berghofer, this exceptional business benefits from established and growing medical trade.

Contact Jeff today to arrange an inspection!

- Total of 81 apartments (studios, 1 bed, 2 bed)
- 55 units in current short-term pool (12 outside agents)
- Solid BC salary over $141,000, verified NOP OVER $1.4M
- 21 years remaining on agreements - supportive committee
- Excellent trading, occupancy levels
- Demonstratable year-on-year growth
- Significant upside potential via letting pool and ADR growth
- Manager's residence - 2 bed/ 2 bath unit, top floor, city views - $615k
- Inspection by appointment only