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Flat
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for sale
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APPROX. $385,840 P.A. CURRENT ANNUALISED INCOME | ENTIRE 6 UNIT HOLDING
South Bank
· 8 Bedrooms · 6 Baths · Flat
· Terrace
South Bank · 8 Bedrooms · 6 Baths · Flat · Terrace
SIX UNITS. ONE TITLE. APPROX. 696M². APPROX. $385,840 P.A. CURRENT ANNUALISED INCOME. Opportunities to acquire an entire income-producing residential holding this close to Brisbane CBD are exceptionally difficult to secure. 32 Mowbray Terrace brings together six apartments, substantial current accommodation income and an approx. 696m² inner-Brisbane landholding all offered in one line. For HNW investors, family offices, syndicates and accommodation operators seeking scale and income from a single Brisbane acquisition, this is an opportunity that demands attention. THE NUMBERS Current average accommodation income advised by the vendor/accounting team: Approx. $7,420 PER WEEK Approx. $385,840 PER ANNUM ANNUALISED Current unit averages: Unit 1 Approx. $1,640 pw Unit 2 Approx. $875 pw Unit 3 Approx. $875 pw Unit 4 Approx. $1,660 pw average Unit 5 Approx. $1,240 pw average Unit 6 Approx. $1,120 pw average WHY THE INCOME IS DIFFERENT This is important. The property is NOT operated as six con
SIX UNITS. ONE TITLE. APPROX. 696M². APPROX. $385,840 P.A. CURRENT ANNUALISED INCOME. Opportunities to acquire an entire income-producing residential holding this close to Brisbane CBD are exceptionally difficult to secure. 32 Mowbray Terrace brings together six apartments, substantial current accommodation income and an approx. 696m² inner-Brisbane landholding all offered in one line. For HNW investors, family offices, syndicates and accommodation operators seeking scale and income from a single Brisbane acquisition, this is an opportunity that demands attention. THE NUMBERS Current average accommodation income advised by the vendor/accounting team: Approx. $7,420 PER WEEK Approx. $385,840 PER ANNUM ANNUALISED Current unit averages: Unit 1 Approx. $1,640 pw Unit 2 Approx. $875 pw Unit 3 Approx. $875 pw Unit 4 Approx. $1,660 pw average Unit 5 Approx. $1,240 pw average Unit 6 Approx. $1,120 pw average WHY THE INCOME IS DIFFERENT This is important. The property is NOT operated as six con
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