Collingwood Park, Queensland
Solid Income, Large Remuneration and No Residing Requirement
$1,350,000
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 $170,001 verified by Industry Specialist Accountant
Asking $1,350,000 in total for MR Business and Manager Residence
- Complex very popular with tenants
- Handy locations, close to local major shopping centers
- 21 Long agreements on contracts
- Spacious separate office, no set office hours
- Small letting pool (20 lettings) to give you an undisturbed lifestyle
- Fantastic Body Corporate salary $137,335, with annual increase by CPI
- There is no living-onsite requirement, Manager Unit has been rented at $530 Weekly
- 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. Located in a highly sought-after suburb with easy access to major motorways and public transportation.
2. Close proximity to shopping centers, schools, parks, and recreational facilities.
3. Solid income of $170,001 verified by an industry specialist accountant.
4. Asking price of $1,350,000 for both the management rights business and manager residence.
5. Popular complex with a high occupancy rate among tenants.
6. Long agreements on contracts (21).
7. Spacious separate office with no set office hours.
8. Small letting pool (20 lettings) for a more manageable workload and undisturbed lifestyle.
9. Fantastic Body Corporate salary of $137,335 with annual increase by CPI.
10. No living-onsite requirement, with the option to rent out the Manager Unit for additional income.
11. Well-run complex with established and steady business, with documented procedures.
12. Ideal for a family or semi-retired couple looking for a solid income and great lifestyle.
13. Rare opportunity to purchase a beautiful lifestyle permanent management right.
