ResortBrokers presents an outstanding opportunity to secure a thriving management rights asset in Milton's vibrant core close to key amenities, transport, and education. The property is zoned as a Brisbane corporate hotel, a unique feature that prohibits owner-occupiers, ensuring a consistent revenue stream. The property is designed for ease of management, with minimal facilitates, no lawns to mow, and easily maintained gardens.
This lucrative business is backed by a strong body corporate salary of $130k+ and shows an incredible $680k+ net profit and still has plenty of upside for a good operator to increase the bottom line substantially, get in touch today to secure this outstanding business.
- High Net profit and strong BC salary
- Consistently high occupancy levels
- 73 units in the letting pool
- Strategically positioned close to all amenities
- 2-bedroom, 2-bathroom manager's unit
- Features an on-title office and reception
- Multiple storage areas on occupational authority
- No gardens or lawns to maintain
- All inspections by appointment only
