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Accommodation/Tourism
AUCHENFLOWER, QLD
The Gem on Brisbane City Fringe - ID 8862
The Gem on Brisbane City Fringe - ID 8862
Auchenflower, QLD, 4066
Accommodation/tourism · Management Rights
$1,668,880
Mixed Management Rights For SaleNo Office Hours - Easy Business - Perfectly positioned on Brisbane's city fringe, the complex is just moments from the CBD. - Financials: Strong net profit of $174,368 with gross income exceeding $230,000. - Body Corporate Salary: Approximately $81,000 + GST, secured with annual CPI increases. - Secure Agreements: A 25 year agreement is in placw with a substantial 22 years remaining. - Ultimate Flexibility: No set office hours providing maximum flexibility and freedom. - The highly manageable letting pool consists of 7 units (5 holiday and 2 permanent). There are 3 units managed by outside agents. - An exclusive reception area with ample storage space. - A very cooperative and supportive Body Corporate committee. - Spacious, high quality manager's residence featuring 2 bedrooms, 2 bathrooms and 1 secure car space, complete with attractive river views. - Very convenient location, close to everything.Asking Price: $1,668,880 (includes the management rights business and the quality 2 bedroom managers apartment).Located in a highly sought-after and convenient area, this property offers the perfect combination of premium lifestyle living, a strong income stream, and incredibly low-stress duties. Net Profit: $174,368Asking Price: $1,668,880(Inclusive of Manager's Real Estate)For further information or to arrange an inspection of this Brisbane Management Rights business for sale contact: Management Rights BrokerBill HeProperty Code: 1191
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