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Milton QLD 4064

  • Hotel / Leisure
  • 5 m²
  • For Sale, $1,332,000

BIG PRICE REDUCTION... OWNER HAS TO SELL!!

Close Proximity To Brisbane CBD

This Management Rights business offers a very unique city living lifestyle. The current on-site Managers must sell due to a very sudden change in circumstances.

The multiplier (4x multipler) is BELOW MARKET VALUE and has 23 years to run on the agreement. Fantastic BC committee as well.

If you are one of those ever-increasing numbers of people who are now at a stage in life where you are looking for a city living lifestyle then imagine the following aspects:
- Walk to any number of coffee bistros & finest restaurants.
- Brisbane River & City views from the generous private balcony.
- City Cat Ferry and walkway/bike paths at your doorstep.

The Managers unit comprises:
- Double glazed windows
- Two large sized bedrooms master with en-suite and walk-ins
- Open plan living, dining area and well-designed gourmet kitchen
- Gigantic secured storage & two car parks

This magnificent complex offers facilities such as:
25m pool, sun decks, spa, gymnasium, BBQ pavilion garden terraces & resident common room, which is available for a private function with both kitchen and toilet facilities.

The Net income of $133,000 can easily be increased without a lot of effort if you so desire.

For your personal inspection please contact Robert Collins 0404678792 or robertc@raas.com.au.

Property Highlights

Property ID2010410607
Floor Area5 m²
Land AreaAsk Agent
ParkingAsk Agent
Annual ReturnAsk Agent
AvailabilityAsk Agent
Category
Last updated  30 Sep 2019
Map for Milton QLD 4064
RAAS Group
Zupp Place, Level 2 64 Marine Parade Southport QLD 4215

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