Skip to main content
Kangaroo Point QLD 4169
Sold on 27 Feb 2020

Kangaroo Point QLD 4169

  • Hotel, Motel, Pub & Leisure
  • Sold

NEWLY ESTABLISHED BUSINESS-ONLY WITH HIGH NET IN KANGAROO POINT | Resort Brokers ID : MR005783

Resort Broker's Australia brings you this unique opportunity to get a newly established Management Rights in Kangaroo Point. This business includes a separate manager's office on title and a stunning one-bedroom apartment that can be rented out or you can have a manager reside in.

- No set office hours and no requirement to live on-site
- New York-style designed hi-rise with river and city views
- Sweeping city skyline views from the rooftop entertainment terrace with exclusive use swimming pool, open fireplace and pizza oven
- Over 24 years remaining on both Caretaking and Letting Agreements
- High annual net profit over $270,000 in a sought-after position by tenants
- 62 apartments in the letting pool currently 
- Potential upside from the additional 6 as yet unsold apartments
- Exceptional interior design with superior fittings and finishes to all apartments
- Spacious one-bedroom manager'sapartment for $415,000 can be rented out to produce $20,500 income annually 
- Separate 7sqm manager's office for $40,000
- Enviable location with access to recreational and sporting facilities, entertainment and cultural precincts, employment and educational hubs
- Easy walking distance to Brisbane CBD, The Gabba, Mater Hospital, South Bank and Five-ways precinct
- Property inspections are by appointment only

Property Highlights

Date Sold27 Feb 2020
Floor AreaAsk Agent
Land AreaAsk Agent
ParkingAsk Agent
Property ID2018514595
Category
Last updated  4 May 2023
Map for Kangaroo Point QLD 4169

Property Highlights

Date Sold27 Feb 2020
Floor AreaAsk Agent
Land AreaAsk Agent
ParkingAsk Agent
Property ID2018514595
Category
Last updated  4 May 2023
362 Montague Rd West End QLD 4101

More Hotel, Motel, Pub & Leisure for Sale in Kangaroo Point QLD 4169

Sold
624 main street,kangaroo point, QLD 4169
1,672 m²
Hotel, Motel, Pub & Leisure
Sold
pacific hotel brisbane/pacific hotel brisba 345 wickham terrace,spring hill, QLD 4000
2,899 m²
Hotel, Motel, Pub & Leisure
Sold
198 wickham street,fortitude valley, QLD 4006
534 m²
Hotel, Motel, Pub & Leisure