Key Investment Insights
AI generated. Confirm details with the seller.
1. Low maintenance caretaking only opportunity with minimal duties and no letting responsibilities.
2. Business only purchase requires no real estate acquisition, providing an affordable entry into management rights.
3. Generates $20,000 annual Body Corporate remuneration with reported net profit of $20,000.
4. Long term security provided by a 25 year agreement with 23 years remaining.
5. Completed complex comprises 18 modern townhomes, including 16 outside agent units and two owner occupied units.
6. Browns Plains offers convenient positioning approximately 30 minutes from Brisbane and 40 minutes from the Gold Coast.
7. Surrounding infrastructure projects exceeding $84 million support the area's ongoing development and appeal.
8. Suitable for owner operators seeking a manageable first step or experienced investors wanting a low workload opportunity.