Rare opportunity for the astute investor to get their foot in the door in one of Brisbane's best riverside suburbs. These modern apartments are within walking distance of Milton dining and business precinct, transport and great schools.
This low-maintenance complex has 23 years to run on the agreements, a solid Body Corporate salary and manageable caretaking duties. The Body Corporate Committee and residents are very friendly, creating a great community atmosphere in the complex and making this the perfect Management Rights business for a first-timer, sole operator or semi-retiree.
The ground floor manager's unit needs to be seen to be appreciated. Boasting riverfront and city views, this unit is at the top end of units available to Management Rights operators, including three-car accommodation and a huge lockup storage facility.
Opportunities like this do not last long, don't miss your chance to secure one of Brisbane's best lifestyle opportunities on the market right now.
- 3.7x multiplier in inner-city riverside suburb
- Fantastic Body Corporate Committee
- Perfect business for first-time buyer or semi-retiree
- Very manageable caretaking duties
- Long agreements - recently topped up with 23 years remaining
- Great Body Corporate salary - $89k plus CPI (72% of total income)
- Permanent complex with no set office hours
- Huge premium riverfront manager's residence with three car parks and massive storage facility on title (at valuation)
- Modern, high end apartments close to Milton dining and business precinct
- Property inspections are by appointment only
