This is two buildings one suburb apart sold as one. There is a managers unit but you do not have to live on site. It is currently rented out. P&L done by accredited MR accountant. Valuation done by accredited broker. Top ups have just been done and 24 years left to run. Cooperative BC committee
Woolloongabba – Level 1 recreational lounge & BBQ area, pool and toilet. Level 7 Rooftop lounge & BBQ area with a toilet.
Number of apartments
Kangaroo Point – 69
Woolloongabba- 89 (including retail lot)
Total = 158
Number of apartments in letting pool
Woolloongabba- 61
Kangaroo Point– 43
Total = 104
Please contact Robert Collins Exclusive Agent on 0404678792 or [email protected]
Financials
Body Corporate Salary: 243396
Management Unit
Management Unit Price: 550000
Complex Overview
Complex Type / Module: Permanent
Total Units Inside Letting Pool: 104
Total Units in Complex: 158
Holiday Units: 0
Outside Agent: 29
Owner Occupied: 23
Agreement Term: 25
Years to Run: 24years