Collingwood Park, Queensland
Solid Income, Large Remuneration and Townhouses Complex
$1,407,000
Business Description
Collingwood Park is a suburb of Ipswich in the City of Ipswich, Queensland, Australia. Collingwood Park has on and off ramps to the M7 Ipswich Motorway going both east to Brisbane and west to Ipswich. The suburb has several regular Translink bus services. Less than 1 kilometre away is Redbank railway station which is on the Ipswich train line.
The gated townhouses complex is located on a private, leafy corner, only within walking distance to Redbank Plaza, Collingwood Park State School, and local parks, also positioned across from Jamboree Park, with golf course, playground, barbeque and boardwalk facilities, featured a lap pool and putting green.
Solid Income $193,693 verified by Industry Specialist Accountant
Asking $1,407,000 in total for MR Business and Manager Residence
- Complex very popular with tenants
- Handy locations, close to local major shopping centers
- 20+ Long agreements on contracts
- Spacious separate office, no set office hours
- Small letting pool (28 lettings) to give you an undisturbed lifestyle
- Fantastic Body Corporate salary $139,299, with annual increase by CPI
- Very well-run complex and well-established/steady business, all procedures documented
- Ideal for a family or semi-retired couple looking for a solid income and great lifestyle
Come and take a look, we are sure you will be impressed!
This is a rare opportunity to purchase such a beautiful lifestyle permanent management right!
Business Summary
Key Investment Insights
1. The townhouses complex is located in a popular and convenient location, close to major shopping centers and public transportation.
2. The complex has a solid income of $193,693, verified by an industry specialist accountant.
3. The asking price for the MR business and manager residence is $1,407,000.
4. The complex has 20+ long agreements on contracts, providing stability for the business.
5. The complex has a small letting pool of 28 lettings, allowing for an undisturbed lifestyle for the managers.
6. The body corporate salary is $139,299 with an annual increase by CPI.
7. The complex is well-run and well-established, with all procedures documented.
8. The business is ideal for a family or semi-retired couple looking for a solid income and great lifestyle.
9. The complex features a lap pool, putting green, and is located near a golf course, providing a desirable lifestyle for tenants.
10. The manager's unit is spacious and separate from the office, allowing for privacy and a comfortable living space.
11. The complex is located in a private, leafy corner and is within walking distance to local amenities, making it an attractive location for tenants.
12. The complex is located in Collingwood Park, a suburb of Ipswich with easy access to the M7 Ipswich Motorway and regular public transportation services.
13. The complex is well-established and has a steady business, making it a low-risk investment opportunity.
14. This is a rare opportunity to purchase a lifestyle permanent management right in such a beautiful location.