PRICE REDUCTION - Realistic vendor meets the market!
Business only MR in Brisbane with a multiple in the 4’s? Featuring 41 units with 11 in the letting pool and 3 external letting appointments with strong upside still possible. This complex offers a lavish and spacious office that would rival any onsite office in the country. An arsenal of caretaking equipment supplied by the body corporate gives any operator a walk up start in this riverfront complex. Brand new 10 year agreements have just been implemented removing the requirement for the managers to buy a unit or live onsite, making this a true business only management rights for the first time.
The numbers.
Auchenflower.
Run the numbers yourself.
Same model our brokers use to appraise. Adjust net profit, multiplier, real-estate component. The result is indicative — independent appraisal available on request.
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