Address available on request,
Kangaroo Point, QLD 4169

Hotel, Motel & Leisure

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Olympics Precinct - Rare Business Only Opportunity - ID 9004

Business Only Opportunity
Kangaroo Point Location
Minimal Duties

Brisbane Management Rights
Minimal Duties - Solid Business

- Inner city genuine business only opportunity
- No real estate to purchase
- No requirement to live onsite
- Minimal caretaking duties with no pool or BBQ area
- Solid 10 year standard module agreement in place
- Co-operative body corporate committee and strong sinking fund
- Would suit first time manager or a perfect add on to your existing portfolio

Situated high and dry in beautiful Kangaroo Point. With minimal caretaking duties and a small letting pool, this is the perfect starter business or portfolio add-on. With the current manager's motivated to move on, this is your opportunity to secure a solid, profitable business with indexed income growth built-in. Don't miss out!!

Net Profit: $48,621
Asking Price: $233,000

For further information or to arrange an inspection of this Brisbane Management Rights opportunity contact:

Management Rights Broker
Peter Ross

Property Code: 331

Kangaroo Point, 4169 demographic data

The median household income for Kangaroo Point is $2,058, 11% higher than Greater Brisbane's household income of $1,849. Kangaroo Point has a similar age profile compared to the rest of Greater Brisbane (median age 36). Property ownership data shows 47% of property owners in Kangaroo Point have a mortgage.

9,689

Population

$2,058 per week

Median household income

36 years

Median age

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