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Address available on request Kangaroo Point, QLD 4169

For Sale

Address available on request Kangaroo Point, QLD 4169

Hotel & Leisure
Sale Price

Bus: $1,530,877 + Unit: $415,000

Under Contract

Floor area

1.0m²

BUSINESS-ONLY NETTING $293K PERMANENT IN KANGAROO POINT | Resort Brokers ID : MR005783

Resort Broker's Australia brings you this unique opportunity for the first time to market since the developer launched it in April 2018. This business includes a stunning one-bedroom apartment that can be rented out or you can have a manager reside in.

- New York-style designedhi-rise with river and city views
- Sweeping city skyline views from the rooftop entertainment terrace with exclusive use swimming pool, open fireplace and pizza oven
- No set office hours and no requirement to live on-site
- Over 24 years remaining on both Caretaking and Letting Agreements
- High annual net profit over $270,000 in a sought-after position by tenants
- 62 apartments in the letting pool currently
- Potential upside from the additional 6 as yet unsold apartments
- Exceptional interior design with superior fittings and finishes to all apartments
- The manager's one-bedroom apartment can be rented out to produce $20,500 income annually
- Operational spaces include a 7sqm office
- Enviable location with access to recreational and sporting facilities, entertainment and cultural precincts, employment and educational hubs
- Easy walking distance to Brisbane CBD, The Gabba, Mater Hospital, South Bank and Five-ways precinct
- Property inspections are by appointment only

Additional information

Virtual tours

Property ID: 503171274Last Updated: 23 May 2019

Address available on request
Kangaroo Point, QLD 4169

Agency contacts

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Email enquiry

Send to:

Brent Staker
Resort Brokers Australia - South Brisbane
Address available on request Kangaroo Point, QLD 4169

Hi,
I’m interested in this property. Could you please provide me with more information.

Kind Regards,

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Select agent to call

  • Brent Staker

    Resort Brokers Australia - South Brisbane
    0410 *** ***
  • Tim Crooks

    Resort Brokers Australia - South Brisbane
    0417 *** ***