Management Rights - West End, QLD

West End, QLD

$2,150,000

Property Description

PRESTIGIOUS WEST END COMPLEX

This is a prestige property in a great location on the Brisbane River and minutes to the Cafe Precincts of West End.
The Managers large two bedroom plus study ground floor apartment will please the most discerning buyer. Book your early inspection with me now. Please call Robert Collins Joint Exclusive Agent on 0404678792 or robertc@raas.com.au
Financial Overview

Body Corp Salary:
162039
Anniversary Of Body Corporate Salary:
Body Corporate Salary Review:
CPI
Net Profit:
$273,500
Manager's Unit Price:
$700,000
Management Rights Price:
$1,450,000
Letting Business

Est. Year Built: 2007
Total Units In Complex: 110


Inside Letting Pool

Permanent: 35
Holiday: 0
Corporate: 0
Total: 35

Outside Letting Pool

Lock Up: 0
Outside Agents: 2
Self Managed: 3
Owner Occpd: 60
Total: 65

Number & Type In Letting Pool
Number Type Features
9 1 Bed Apartment Aircon,D/Washer, Video Int, Fridge Freezer, M/Wave, C/Dryer
17 2 Bed Apartments Aircon, Ens, D/Washer, Video Int, Fridge Freezer, M/Wave, C/Dryer
8 3 Bed Apartments Aircon, Ens, Video Int, Fridge Freezer, M/Wave, C/Dryer
Tariffs

Booking Type Details
Permanent 1 B/rm $400 /$480 p/w 2 B/rm $550 /$600 p/w 3 B/rm $750 /$1250 p/w 4 B/rm $1,500 p/w
Corporate
Holiday
Manager's Unit & Office

Manager's Unit Size: 2 Bedrooms , 2 Bathroom
Office Reception: exclusive use
Office Software: REI Master
Office Hours: nil
Storage: Plenty
Office Computer: Yes
Module: Accommodation
Agreement Term: 25
Years To Run: 24
Manager's Unit Description: Extremely large 2 bedroom plus study manager's apartment with air-conditioning, as well as , video intercom, clothes dryer. The main bedroom is huge with an en suite, good sized second bedroom, large living areas and courtyards

Facilities

Pool: Yes
Spa: No
Gym: Yes
Tennis Court: No
Sauna: No
Foxtel: Yes
Cable Installed: Yes
Pets Allowed: Yes
Barbeque Area: Yes
Wireless: Yes

Other Facilities: Secure under-ground parking. Lifts installed. Tropical garden setting. Security systems in place. Close to bus route. Walking distance to shopping village and South bank precinct.
Foyer has been totally up graded and renovated with new office as well

Property Agent

Robert Collins

Robert Collins

Phone: 0404 678 792
Office: 1300 282 370

Email Listing Agent

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