Key Investment Insights
AI generated. Confirm details with the seller.
1. Verified annual income $170,001, confirmed by an industry specialist accountant.
2. Asking price $1,350,000 for the management rights business and manager residence combined.
3. Strong Body Corporate salary $137,335, with annual CPI-linked increases.
4. No living-on-site requirement, manager unit currently rented at $530 per week.
5. Small letting pool of 20 lettings, supporting an undisturbed lifestyle for the operator.
6. 21 long agreements on contracts, indicating stable, long-term revenue.
7. Gated townhouse complex on a private, leafy corner, offering security and curb appeal.
8. Excellent local amenity proximity, within walking distance to Redbank Plaza, Collingwood Park State School and multiple parks.
9. Positioned opposite Jamboree Park, featuring golf course, playground, barbeque, boardwalk, lap pool and putting green.
10. Strong transport connectivity, with nearby M7 Ipswich Motorway ramps, regular Translink bus services and Redbank railway station under 1 kilometre away.
11. Spacious separate office with no set office hours, facilitating flexible management.
12. Well-run and well-established operation, popular with tenants and fully documented procedures, suitable for a family or semi-retired couple.