• Pavilion Apartments
Make an offer PRESITGE, LUXURY, ELEGANCE BY THE BRISBANE RIVER

Unlock the potential of this prime Management Rights business nestled in the heart of Bulimba, Queensland. The current owners, heavily committed elsewhere, present a golden opportunity for an astute investor. This HOT HOT property – a must-see complex that combines convenience, luxury, and exceptional value for money.

Key Features:

Strategic Location: Situated in the unique river-side locality of Bulimba, this complex is just a stone's throw away from the city. Experience the best of both worlds – close proximity to urban amenities while immersed in the beauty of this riverside gem.

Investment Potential: Boasting immense potential, this easily run complex is not only a sound investment but also offers a superb lifestyle. The large one-bedroom plus study apartment, recently renovated, provides comfortable living for the new Manager.

Long-Term Agreement: The current management agreement has an impressive 21 years remaining, providing stability and security for the new owner.

Flexibility in Accommodation: Explore the option to rent a larger apartment if desired. The manager's residence can be leased, allowing you to choose between a 2 or 3-bedroom unit. Flexibility is key, and the difference in cost is negligible.

Financial Snapshot:

Income: $272,954
Unit Value: $580,000
Business Value: $1,419,000
Total: $1,999,000
This complex has been reduced by nearly $150,000 as the managers are totally committed else where. Please understand there will be no further reductions. Please come back to me with asking price.
You have to live on site but you can rent out the managers apartment and rent out a 2 or 3 bed apartment for nearly the same amount.
Please contact Robert Collins Exclusive Agent on 0404678792 or robertc@raas.com.au

Robert Collins
Robert Collins