Auchenflower - Short Term Management Rights

Seize the opportunity to invest in the thriving short-term accommodation market with the management rights to Chasely Apartments, ideally located just 100 meters from the Wesley Hospital in Auchenflower, Brisbane. This property is a rare find, combining excellent location with strong financial returns. There is managers/caretakers residence onsite that can be occupied for no cost. It is on Occupation Authority.

Property Highlights:

Net Profit: Enjoy a robust net profit of $284,634, making this an attractive investment with immediate cash flow.
Letting Pool: The current letting pool consists of 18 holiday apartments, including 7 spacious two-bedroom units and 11 well-appointed one-bedroom units.
Renovated Units: 8 of the apartments have been recently renovated, enhancing their appeal and boosting rental potential.
Location: Perfectly positioned near the Wesley Hospital, this complex benefits from consistent demand, catering to both holidaymakers and medical-related accommodation needs.

With an unbelievable upside and a solid net profit, Chasely Apartments presents a golden opportunity for investors looking to enter or expand within Brisbane's lucrative short-term accommodation sector. Priced to sell, this is a chance not to be missed. Contact us today to secure this exceptional investment!

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