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New Farm QLD 4005

New Farm QLD 4005

  • Hotel, Motel, Pub & Leisure
  • For Sale, $475,000

Boutique Business Only Management Rights w/ $88k net New Farm | Resort Brokers ID : MR008079

    Explore the rare chance to acquire the business-only management rights to Duo at New Farm, a modern apartment complex in the vibrant riverside suburb of New Farm.

    ResortBrokers presents an outstanding and affordable opportunity moments from Brisbane CBD, Duo at New Farm consists of 42 units with 8 in the letting pool, a solid net profit of $88,250 net profit and minimal duties across the apartments with no pool, gym or bbq area.

    This is an ideal "add-on" for astute operators, so act fast to enjoy true flexibility with no set office hours nor any requirement to own real estate or live onsite.

    Don't miss out on this centrally located management rights opportunity!

    - Boutique Business Only Management Rights
    - 42 Apartments with 8 in the letting pool
    - Minimal duties - no pool, gym or bbq area
    - No office hours stipulated
    - No requirement to live onsite or own a unit
    - Brand new 24 year agreements (Drafted in 2022)
    - Prime location in New Farm
    - Inspection by appointment only

    Property Highlights

    Floor AreaAsk Agent
    Land AreaAsk Agent
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Property ID2019034847
    Category
    Last updated  17 May 2024
    Map for New Farm QLD 4005

    Property Highlights

    Floor AreaAsk Agent
    Land AreaAsk Agent
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Property ID2019034847
    Category
    Last updated  17 May 2024
    362 Montague Rd West End QLD 4101

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