Address available on request,
Toowong, QLD 4066
Hotel, Motel & Leisure
Price information
Sold
Contact Agent
Key property information
Floor area
Sold on
Map
Large Brisbane Permanent - Toowong
- 121 Units with 77 in the Letting Pool
- 3 bedroom Manager's Residence
- 25 year agreements - 24 years remaining
Are you looking for a large permanent complex, nearby to the Brisbane CBD and earning more than $450,000 per year? Look no further.
Don't miss out on this opportunity to acquire one of Brisbane's premier residential high-rise developments, located in the fringe CBD suburb of Toowong.
The complex is positioned with ready access to Brisbane CBD, Toowong Shopping Village, Park Road Precinct, University of Queensland and the Wesley Hospital.
There are 121 units in total with 77 in the manager's letting pool.
The Body Corporate Salary is currently $177,185 + GST p.a.
The current nett income is $474,743 for 12 months ending 28th February 2015.
The stated nett does not include an additional $159,000 income earned from sales within the complex for the last 12 months.
The manager's residence is a recently refurbished 3 bed, 2 bathroom apartment located on level 2. The manager's office is part of the unit title and includes a reception counter and full fit out.
PRICING:
Management Rights - Offers Invited Above $2,550,000
Manager's Lot - $650,000
Don't miss out on this opportunity to acquire one of Brisbane's premier residential high-rise developments, located in the fringe CBD suburb of Toowong.
The complex is positioned with ready access to Brisbane CBD, Toowong Shopping Village, Park Road Precinct, University of Queensland and the Wesley Hospital.
There are 121 units in total with 77 in the manager's letting pool.
The Body Corporate Salary is currently $177,185 + GST p.a.
The current nett income is $474,743 for 12 months ending 28th February 2015.
The stated nett does not include an additional $159,000 income earned from sales within the complex for the last 12 months.
The manager's residence is a recently refurbished 3 bed, 2 bathroom apartment located on level 2. The manager's office is part of the unit title and includes a reception counter and full fit out.
PRICING:
Management Rights - Offers Invited Above $2,550,000
Manager's Lot - $650,000
Property ID: 501299619Last Updated: 14 Jul 2015
0418 199 7...
Address available on request
Toowong, QLD 4066
RNR Strata Sales - MILTON13 Heussler Terrace
MILTON, QLD 4064
MILTON, QLD 4064
Sending email...
Your personal information will be passed to the Agency and/or its authorised service provider to assist the Agency to contact you about your property enquiry. They are required not to use your information for any other purpose. Our Privacy Policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.
Similar properties
Other properties you might be interested in based on the location and property type you are looking at.
Contact Agent
Citylink Guest House Toowong, 21 Valentine Street,Toowong, QLD 4066 1017 m²Hotel, Motel & Leisure • Other • Shops & Retail
Contact Agent
278 Milton Road,Milton, QLD 4064 725 m²Development Sites & Land • Hotel, Motel & Leisure
Contact Agent
239 Boundary Street,Spring Hill, QLD 4000 165 m²Hotel, Motel & Leisure • Offices • Development Sites & Land