1101/6-10 Manning StreetSouth Brisbane QLD 4101
Property Details for 1101/6-10 Manning St, South Brisbane
1101/6-10 Manning St, South Brisbane is a 2 bedroom, 2 bathroom House with 2 parking spaces.
Last Listing description (April 2024)
Solid Income, Permanent GEM in South Brisbane
This is an outstanding opportunity to buy management rights in the ever popular South Brisbane. Close to everything, the complex is at the epicentre of South Brisbane's arts and cultural precinct and adjoining West End's eclectic dining and entertainment hub.
Asking for $1,999,720 in total on MR Business with Net Income $203,421 and well-presented Manager Residence
- Perfectly located in the prestigious heart of South Brisbane, close to all the necessary amenities, only a short walk to South Bank Park, Conference Exhibition Centre, Museum, Gallery as well as all vibrant and distinctive award-winning dining, shopping, beauty, health wellbeing precinct and an easy stroll to West End Commercial Street
- Body Corporate very fantastic and supportive to work with
- A great manager remuneration $132,066 with annual adjustment of CPI
- Long agreement 23.5 years left on a 25 years accommodation module
- Modern and well-presented manager residence
- Large two beds and one formal study residence, spacious living/dining area, modern and open plan kitchen, two bathrooms, two carparks with large caged storage, big entertaining yard area
- Well-presented on-title office, no office hour
- There is no requirement on residing onsite, with easy rental of $650 per week
- Located within the Brisbane State High School and West End State School catchment area
- Ideal for a family or semi-retired couple looking for a solid income and great lifestyle
If you want to buy a solid management right business and beautiful lifestyle, it ticks all your boxes, please book your inspection immediately with NEXT team.
Property History for 1101/6-10 Manning St, South Brisbane, QLD 4101
- 13 Mar 2024Sold - Price Undisclosed
- 12 Mar 2024Listed for Sale $1,999,720
- 28 Sep 2023Listed for Sale $1,999,720
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0About South Brisbane 4101
The size of South Brisbane is approximately 2.3 square kilometres. There are 14 parks, covering nearly 12.6% of the total area. The population of South Brisbane in 2016 was 7196 people. By 2021 the population was 14292 showing a population growth of 98.6% in the area during that time. The predominant age group in South Brisbane is 20-29 years. Households in South Brisbane are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in South Brisbane work in a professional occupation.In 2021, 27.40% of the homes in South Brisbane were owner-occupied compared with 29.60% in 2016.
South Brisbane has 10,567 properties. Over the last 5 years, Houses in South Brisbane have seen a 27.88% increase in median value, while Units have seen a 77.69% increase. As at 31 August 2026:
- The median value for Houses in South Brisbane is $1,760,969 while the median value for Units is $945,447.
- Houses have a median rent of $793 while Units have a median rent of $810.
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