Fantastic complex nestled away in the Toowong shopping precinct and on the bus/train transport system to the City. The mix of 2 & 3 bedroom apartments is popular with overseas and local university students. Well appointed, spacious Manager’s apartment with office $489,000. Netting $146500. Management Rights $680,000, TOTAL $1,169,000 but not yet at full income potential with plenty of scope to increase. Phone Lee Boyle on 0424 007 884 to arrange your inspection.
The complex is currently run by one person comfortably. It is a delightful setting and appeals to the trendy crowd. The manager has not had one day vacant in the last 6 years. This complex is next door to every possible facility.
A copy of the Sustainability Declaration is available on request from the agent.