Chris: 0438 340 706 Steve Fuller: 0420310500

Leasehold

   SOLD

Manager/Investor required for 30% share/ownership. 4.5 STAR Property in Brisbane City - TAKE A LOOK!

$560,000
Area: Brisbane Code: LH:PAAB

 

"Motel Sales Specialist" have been appointed EXCLUSIVE Agents to market 30% share of a Leasehold Investment located close to Brisbane's CBD.

We are looking for an experienced Manager/Investor to purchase 30% of the Leasehold investment alongside a silent Investor with 70% ownership (already in place).

 

Features

  • Wage: $100,000 p/a
  • New 30 year Lease
  • 19 x 2 Bed Apartments + 1 x 2 bedroom Wheelchair access Apartment
  • Or if let separately:
  • 1 x 2 bedroom Wheelchair access
  • 18 x 1 Bed Apartments
  • 18 x Studio rooms
  • 1 bedroom manager's apartment
  • 4.5 STAR
  • Only 5 years old
  • Over 65% of stayers are Hospital related
  • Swimming Pool / WiFi / Foxtel / BBQ facilities

Turnover

  • 2015/2016: $1,007,878

Profit

  • Wage: $100,000
  • 2015/2016: $98,890
  • Total: $198,890
  • Over 30% return on your $560,000 investment