Acacia Ridge, Queensland

Easy and Safe Permanent Management Rights on Brisbanes Southside

Under Contract / Offer

Business Description

Great Location....

Ideally located in the leafy, southern suburb of Acacia Ridge for buyers looking for ultimate security and convenience to suit their lifestyle.

Convenient and handy - only a short distance away from Acacia Ridge Marketplace and Woolworths Shopping Centre, about 6kM or 10 minutes ride to Sunnybank Plaza and Market Square, 5kM or 9 minutes ride to Sunnybank Hills Shopping Town and Calamvale Central, which have everything you need.

On a very quiet end of road, well serviced by public transport

Healthy BC Relationship...

Body Corporate is very supportive and great to work with.

Great Manager Salary....

Manager remuneration $53,097 with annual adjustment of CPI every Oct

“CLEAN” Income Page....

Very small income from Repairs and Maintenance, no cleaning … Great income upsides potentials!

Well Presented 3 Beds Manager Residence....

Beautifully appointed three beds, one baths and downstairs toilet, single garage

Spacious dining and living area large enough to comfortably suit all your family's needs

kitchen includes a large pantry and modern appliances and the laundry with downstairs toilet The quiet outdoor area for a nice outdoor setting and BBQ

Spacious detached manager office

Possibly the Safest Letting Business....

All two beds townhouses in complex except only one three beds manager residence to minimize the risk of letting drop

Be Quick! Don’t miss this easy management rights on Brisbanes Southside!

Business Summary

Business Snapshot

Price: Under Contract / Offer Net Profit: $91,633 Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $325,000Bedrooms: 3Bathrooms: 1Car Spaces: 2Office: On Title

Complex Information

Complex Type: PermanentAgreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 19 years years

Marketing Agent

David Jiang

David Janett

Next Business & Property Sales

Key Investment Insights

1. Convenient and highly sought-after location in the leafy southern suburb of Acacia Ridge.
2. Close proximity to major shopping centers, including Acacia Ridge Marketplace, Woolworths Shopping Centre, Sunnybank Plaza and Market Square, Sunnybank Hills Shopping Town, and Calamvale Central.
3. Quiet and peaceful end of the road location, with easy access to public transportation.
4. Strong and supportive relationship with the Body Corporate.
5. Manager remuneration of $53,097 with annual CPI adjustments.
6. Minimal income from repairs and maintenance, with potential for increased income.
7. Well-presented and spacious 3-bedroom manager residence with modern appliances.
8. Detached manager's office for added convenience.
9. Low risk of letting drop, as the complex consists mostly of 2-bedroom townhouses.
10. Long-term agreement term remaining, providing stability and security for the new owner.

Management Rights Multiplier: 4.64
ROI Estimate: 12.22%