21/25 James Street

Fortitude Valley QLD 4006

James Street Prescient and a beautiful apartment and Income to boot
This delightful Management Right is right in the hart of the James Street prescient. The apartment is beautiful. Full three bedrooms and two bathrooms. There are two bedrooms upstairs and one downstairs. This is not a small apartment. It is large and roomy with some wonderful design features. There are two courtyards for entertaining and dining alfresco. One car space and a huge amount of storage space not only in the unit but in the car park as well. There is room for improvement which you don't have to pay for. The current owner has been offered the management of the commercial properties as well which should come to approximately $6,000.00 extra per year. This has not been taken into the calculations. Also the rents in this sort after area are going up and up. You should with correct management be able to increase your income nicely. There are virtually no gardens and only some cleaning to do. There are no office hours and there is 21 years left on the agreement. The annual increase comes in May and again this is CPI and has not been taken into consideration. This is one of the nicest areas of Brisbane with restaurants, shops, theaters and boutiques less than 100 yards away. Don't miss the opportunity to own this fabulous management Rights with such a fantastic life stile.
The beautiful unit is very reasonably priced at $660,000