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Exclusively presented by SIRE, Vine on Russell in South Brisbane offers an unparalleled investment opportunity. Located directly opposite Brisbane Convention & Exhibition Centre and South Bank Parklands nearby. With an impressive setup BUSINESS ONLY, No Unit To Buy, Not Required To Live Onsite, annual net profit of approximately $491,401 supported by a reliable body corporate salary of $122,500 and near 20 years remaining on the agreements, this lucrative business offers exceptional higher ROI and long term stability for the incoming operator.
One of Aria Building Groups' finest : Vine on Russell in South Brisbane is a meticulously maintained medium-rise complex featuring 57 units, with 19 in the holiday letting pool, 16 in the permanent pool, 12 owner-occupiers and 10 outsider agents. There are 26 units can potentially increase your income by moving to short-term pool. There in No Unit To Buy, front, back offices and several large storages on occupation authority to manager to use. |
No major work needed for the next 10 years, simply facilities, including an roof top BBQ area, two lifts, and secure on-site parking. The building is established and well presented with very low maintenance caretaking duties.
This building truly has it all—a prime south Brisbane location, consistent performance with repeat guests, an impressive Return on Investment (ROI), and long-term agreements. The complex is immaculately presented with No Unit To Buy, making this an outstanding opportunity. With a perfect blend of location and business excellence, don’t miss your chance to secure this South Brisbane gem! |
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