For Sale/Lease - Land/Development, Hotel/Leisure, Commercial
A TOOWONG ICON - ENTIRE BUILDING FOR SALE
CBRE Metropolitan Investments are pleased to exclusively offer to the market 71 Brisbane Street, Toowong with the eventual buyer set to secure an iconic student/rooming accommodation building in one of Brisbane's premiere residential investment markets.
• 21 room purpose built student/rooming accommodation building.
• Built in 2015 and held on a single title.
• Strong trading history since completion.
• Net income $124,847* FY18/19.
• Net income $122,816* FY17/18.
• Plenty of upside and additional income potential.
• All bedrooms ensuited, common kitchen and living on each level, rooftop recreation area.
• High profile position, only 2 mins drive to UQ and 1 min to Toowong Village*.
To be sold as a freehold going concern on a walk in walk out basis with existing leases in place.
Expressions of interest close 4pm (AEST) Wednesday 9th October 2019.
Contact the exclusive marketing agent to access the due diligence package or for more information.
Jon Quayle | Director | CBRE Metropolitan Investments & Developments
M: +61 412 594 698 | E: [email protected]