$490,000

Exceptional Business Opportunity: Situated in Fortitude Valley, this offering presents a long-standing business-only management opportunity. It embodies the key components of a high-performing property with significant potential for growth.

Swift Interest Anticipated: Given the robust Brisbane market, swift interest is anticipated in this venture.

Low-Maintenance Business Model: This Business Only opportunity boasts a low-maintenance business model. With just 10 units in the letting pool, it is easily manageable by a single individual.

Steady Income Assured: Approximately 80% of revenue stems from the Body Corporate salary, providing a strong foundation for profitability and assuring a steady income for the new owner.

Successful Agreements: The previous manager successfully secured new 25-year agreements with the committee, indicative of a cooperative and accommodating working relationship.

External Agents Presence: Additionally, approximately 8 external agents are operating within the building, offering potential networking opportunities and additional avenues for business growth.