105/20 Montague Road South Brisbane QLD
Benefit from the massive Kurilpa Riverfront Renewal Plan happening
right outside yoru front door. See www.kurilparenewal.com.au for all
the information. This studio motel room will settle with a new
leaseback to the long term on site managers for $11,900 per year net
for a 10 year lease plus a 10 year option with CPI yearly
increases.Your Cooperate tenant will aso pay the body corporate and
rates giving you almost 7% net per year. The underlying land is zoned
for a 30 storey building guaranteeing a great long term investment in
Brisbane’s fastest growing suburb. “ Riverside Hotel” has been
established since 1996 and boasts a 90 per cent plus occupancy to both
tourists and business travellers. It’s a short walk to the Gallery of
Modern Art, Tank Street Bridge and all all the cultural activities that
Southbank has to offer.