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Coorparoo QLD 4151
Sold on 1 Jan 1970

Coorparoo QLD 4151

  • Hotel, Motel, Pub & Leisure
  • Sold

PROMINENT LARGE-SCALE PERMANENT MLR 5KM FROM CITY WITH NET OVER $770K | Resort Brokers ID : MR008239

    ResortBrokers presents an exclusive opportunity to acquire the coveted management rights and associated real estate to Coorparoo Square, located 5km from Brisbane's city centre. This is one of the largest permanent businesses on the Southside! A commanding business investment offering a lucrative return underpinned by a solid Body Corporate salary and an established letting pool with room for expansion. Be quick to enquire and book an inspection to secure.

    - Prominent three tower complex on Old Cleveland Road
    - Comprises a total of 366 apartments 
    - Current onsite letting pool of 151 managements  
    - Body Corporate salary of $604,096 p.a. plus GST
    - Significant amount of outside agents to convert back into pool
    - Long term remaining on 25 year C&L agreements - two towers recently topped up
    - Manager's 3 bedroom apartment & 3 separate offices on title - $1.26m
    - Great onsite facilities - swimming pool, tennis court, gym, outdoor areas & common rooms
    - Mix of apartment types attracting broad range of tenants
    - Proximity to CBD with major transport options on doorstep and close to employment nodes
    - Extensive retail with cinema, supermarkets, cafes and dining options
    - An unmissable high net MLR in city-fringe Brisbane! 
    - Expressions of Interest with offers over $6.1m
    - All inspections by appointment only

    ResortBrokers®
    ResortBrokers®
    362 Montague Rd
    West End, QLD 4101

    Property Highlights

    Date Sold1 Jan 1970
    Floor AreaAsk Agent
    Land AreaAsk Agent
    ParkingAsk Agent
    Property ID2019243298
    Category
    Last updated  
    Map for Coorparoo QLD 4151
    nbn® Fibre to the Premises (FTTP) is available in this property
    Max wholesale speed tier available: nbn® Fibre to the Premises
    ResortBrokers®
    ResortBrokers®
    362 Montague Rd
    West End, QLD 4101

    Property Highlights

    Date Sold1 Jan 1970
    Floor AreaAsk Agent
    Land AreaAsk Agent
    ParkingAsk Agent
    Property ID2019243298
    Category
    Last updated  

    Co-Agents

    More about Coorparoo QLD 4151

    Coorparoo QLD 4151 is categorized as Hotel, Motel, Pub & Leisure Property. The listing ID for this property is 2019243298.

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