Open for inspection: Wednesday 23rd July 12.30-1pm & Saturday 26th July 12-12.30pm
This Sebel Suites unit earned $22,000 Net last Year; That's net of Body Corp.
Council, water, the works. What's better is that it's all taken care of for you by the hotel. Monthly and annual statements are issued for you and your tax accountant.
It's a great set and forget investment and has been for over the past 10 years. Approx. 167 of the 205 keys' are still in the hotel pool and pay great testament to this.
The hotel is now under the Accor banner and returns are set to improve further under new management. The Hotel pool is run on a set basis and income is pooled on a monthly basis and divided up according to lot, as are the costs.
There is no wondering whether the unit next door is being utilised more than yours. If it is, it doesn't matter anyway! Furniture replacement is also accounted for.
Brisbane is exploding into life with the G20 summit and a plethora of cultural events this coming year.
With a recent $11,000 refurbishment of the kitchen and bathroom and $5,000 in the FF& E fund for future replacements your not just buying into a great return, your getting a fresh look for free.
Those who know a great investment here in Brisbane know The Sebel.
Call Justin today for a private inspection. 0433 177 276
Body Corporate: $6500 year approx
Council: $1900 year approx
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