BRISBANE CORPORATE/HOLIDAY - NETT PROFIT $339,709

Description

An outstanding opportunity to purchase a Brisbane Corporate/Holiday Management Rights in the riverside location of Portside in Hamilton, Brisbane. This business has minimal grounds and is easily managed by an individual or husband and wife team. With 31 of 32 units in the letting pool, it maintains strong returns for the owners and the operator.
Key Highlights:
– Located in Hamilton, Brisbane
– Modern building with no external grounds to maintain
– Covid trading net profit $339,709 (Potential to increase back to $500,000 net)
– Tower style complex with no external grounds
– 25 year agreement, with 23 years to run
– Solid letting pool as only suitable for short-term let units, (no owner occupiers)
– Manageable for individual or husband and wife team, or external corporate bolt on business
– No managers unit, only ground floor retail/office to purchase.
– Located a short trip to Brisbane CBD and near shops and cafe’s
– 10-15 minutes from Brisbane Airport
– Directly within the heart of the Brisbane cruise ship terminal and shopping precinct
– Suitable to run along side another business as a bolt on.

For Sale $2,055,000

  • Listing Ref: STC-01809
  • Property Type: Management Rights
  • Property Category: Corporate
  • State: QLD
  • Suburb: HAMILTON
  • Net Profit: $339,709 (Actual)
Charles Nurse
Director
0477 826 666
1800 111 622

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