THE EASIEST AND BEST CASH-COW INVESTMENT IN BRISBANE!!!
You would have to be crazy to not jump on this wonderful investment-only style unit in the heart of Brisbane’s number one tourist and business visitor destination.
Located just 50 metres from the world famous South Bank Parklands, with a host of boutique shops, global restaurants, trendy bars and cafes, there will never be a shortage of guests demanding accommodation in the renowned Rydges Hotel South Bank.
With a net return of $18205 ($18700+) last financial year (after $500 lease fee only payable once every 10 years), and annual income increasing significantly every year, there are no other hotel investment apartments in Brisbane which will come close to Rydges in your portfolio. The only outgoing expenditure from the net figure is council rates of around $330/qtr, with no additional body corporate, breakage or management fees payable (or any other cost you can think of!!).
Located on the 5th floor with beautiful city and river views, the apartment is always in high demand from guests. The complex hosts a range of facilities including spa, sauna and gym, with several restaurants and bars available for guest use. There is an excellent management team who handle all bookings and payments.
There is nothing you need to do but purchase it. Imagine never dealing with tenants, organising the gardener, worrying about vacancy or repairing fixtures.
Don’t miss the boat…. Milk this cash-cow for all she is worth!! I know it sounds too good to be true, but you will not be disappointed!!