Passive Investment

   SOLD

South Brisbane (modern 4 star property) (ID:PI JR)

Area: South Brisbane Code: PI JR

Features

  • 30 year lease
  • 24 Units built over 2 levels
  • Built in 2007
  • 2 Bedroom Manager's residence
  • Licensed dining room
  • Conference facilities
  • 4 Star quality property
  • Undercover parking
  • Wifi/Foxtel
  • BBQ Area
  • Commercial kitchen with cold rooms
  • Guestpoint Booking System

Turnover

  • $1,075,223 (13/14)
  • $997,899 (14/15)

Profit

  • Rent return $280,000 + GST