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Spring Hill QLD 4000

  • Hotel / Leisure
  • 1 m²
  • For Sale, $900,000

Business For Sale - Price Reduction On The Hill - ID 8878 H

- Mixed Short Term & Holiday Letting
- Brisbane Management Rights For Sale
- Edge of Brisbane CBD - walk to Queen Street in 10-15 minutes
- Great bolt on opportunity
- No real estate to buy and no requirement to live onsite
- No garden or pool to maintain
- Easily run by one person plus partner/cleaner
- Accommodation module agreements expiring 2039
- Complex offers 39 units with 15 in the letting pool
- Growth opportunity with 5 outside agents
- Located walking distance to Brisbane CBD and hospitals
- Modern, fully furnished one and two bedroom apartments with large balconies
- Situated in the heart of Spring Hill and overlooking the magnificent Brisbane city skyline, this modern complex has no garden or pool to maintain and is easily run by one person. With no requirement to live onsite, this management rights business would also be an ideal bolt on for an existing business. Will also suit a first time operator seeking a business with upside.

Net Profit: $189,337
Asking Price: $900,000

For further information or to arrange an inspection of this Brisbane management rights business for sale contact:

Listing Broker
Lyn Pearsall 0425 168 244

Property Highlights

Property ID2014464268
Floor Area1 m²
Land Area1 m²
ParkingAsk Agent
Annual ReturnAsk Agent
AvailabilityVacant
Category
Last updated  8 Oct 2019
Map for Spring Hill QLD 4000
Map for Spring Hill QLD 4000Spring Hill QLD 4000
MRSales
Suite 1 Ground Floor, Equinox Sun Resort 3458 Main Beach Parade Surfers Paradise QLD 4217

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