Are you seeking a promising short-term management rights opportunity in Brisbane's city centre? Look no further than this exclusive mixed-use MR in a prestigious inner-city apartment hotel, offering a unique and profitable proposition.
With a huge net income of $1,267 million reported for the financial year 2023, this investment offers the potential for substantial returns.
While operating under the world's largest serviced apartment network, this business uniquely offers investors management rights to an upscale inner-city apartment hotel and income from permanent letting in the same building.
With 21 years remaining on the Management Rights Accommodation module, you can rest assured that your investment is positioned for long-term stability and sustained growth.
- Net profit of $1.267M for FY23
- Diverse income streams from permanent and short term letting
- Strong and stable letting pool of 39 short term and 23 permanent letting totalling 62 units
- Attractive Body Corporate salary, currently standing at $214,515 ex GST
- Brand backing by the largest serviced apartment network in the world
- Located in the hot Brisbane market with the future trade highlighted by the 2032 Olympic games
- Inspections are by appointment only
