Auchenflower, Queensland

Beautiful complex in Auchenflower

SOLD

Business Description

This is one of the most beautiful complexes looking over the river with fantastic facilities No unit to

BC has just granted a top up so as they can sell

There is a similar size complex 200 mts down the road that is also for sale with a 2 bed 2 bath unit attached where you can and liv in and manage both complexes with ease.

Business Summary

Business Snapshot

Price: SOLD Net Profit: $95,830 Remuneration / Body Corp Salary: $66,790

Complex Information

Complex Type: PermanentTotal Units in Complex: 35Total Units in Letting Pool: 11Outside Agent Units: 14Agreement Term: 25 yearsAgreement Term Remaining: 18 years

Marketing Agent

Robert Collins

0404 67....

Ras360

Key Investment Insights

1. Prime location with beautiful views over the river.
2. Fantastic facilities for residents.
3. Recent top up granted by BC to allow for sale.
4. Potential to live in and manage two complexes in close proximity.
5. Good net profit and remuneration/body corp salary.
6. Permanent complex with a mix of owner-occupiers and tenants.
7. Large number of units in the letting pool.
8. Long agreement term remaining.
9. Potential for growth and increased income.
10. Similar sized complex nearby also for sale, offering potential for expansion or consolidation of management.