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Asking $5.03M, Rare Opportunity! Iconic Building and Corporate Management Rights for Sale

• Great income $702,956, mix of corporate and permanent letting management rights
• Perfectly located in the prestigious heart of Toowong, offering inner west and riverfront charm
• Walk to Toowong Village in minutes, close to all the necessary amenities, vibrant and distinctive award-winning dining, shopping, beauty, health & wellbeing precinct
• Very well run complex, all procedures documented, Body Corporate very good and supportive to work with
• All hardwork in building done for re-painting, re-carpet, hot water system, brand-new lifts and very healthy sinking fund
• Fantastic Body Corporate salary of $140K with annual adjustment of CPI
• Well established and steady business in recent 10 years from UQ, Wesley Hospital and Corporate travellers to Brisbane
• Long 22 years agreements in place, Top up and Gallery Vie Clause done last year
• Complex very popular with renters, so close to all the public transport this makes it ideal for city riverfront lifestyle
• Modern and spacious manager residence comprises three bedrooms plus large study, two bathrooms, lounge/dining room, kitchen, laundry, attached office/reception on title, large outdoor entertaining yard as well as large basement storage and car space on title
• Come on in and reap the rewards that this fantastic offering has to offer
• This is Goldilocks complex, offering a great lifestyle and solid business. Just Right!

To require more information and book an inspection, please contact NEXT’s exclusive agents,
David Jiang by 0481 500 278 or davidjianghui@nextrealty.com.au
David Janett by 0404 204 672 or davidjanett@nextrealty.com.au

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Asking $5.03M, Rare Opportunity! Iconic Building and Corporate Management Rights for Sale -image 6

Contact Agent

Description
Asking $5.03M, Rare Opportunity! Iconic Building and Corporate Management Rights for Sale

• Great income $702,956, mix of corporate and permanent letting management rights
• Perfectly located in the prestigious heart of Toowong, offering inner west and riverfront charm
• Walk to Toowong Village in minutes, close to all the necessary amenities, vibrant and distinctive award-winning dining, shopping, beauty, health & wellbeing precinct
• Very well run complex, all procedures documented, Body Corporate very good and supportive to work with
• All hardwork in building done for re-painting, re-carpet, hot water system, brand-new lifts and very healthy sinking fund
• Fantastic Body Corporate salary of $140K with annual adjustment of CPI
• Well established and steady business in recent 10 years from UQ, Wesley Hospital and Corporate travellers to Brisbane
• Long 22 years agreements in place, Top up and Gallery Vie Clause done last year
• Complex very popular with renters, so close to all the public transport this makes it ideal for city riverfront lifestyle
• Modern and spacious manager residence comprises three bedrooms plus large study, two bathrooms, lounge/dining room, kitchen, laundry, attached office/reception on title, large outdoor entertaining yard as well as large basement storage and car space on title
• Come on in and reap the rewards that this fantastic offering has to offer
• This is Goldilocks complex, offering a great lifestyle and solid business. Just Right!

To require more information and book an inspection, please contact NEXT’s exclusive agents,
David Jiang by 0481 500 278 or davidjianghui@nextrealty.com.au
David Janett by 0404 204 672 or davidjanett@nextrealty.com.au

Agent Details
Agency Details
NEXT International Realty

location

PO BOX 288, Cleveland, QLD 4163

Key Details
property ID 1259094
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Location