Collingwood Park, Queensland

Solid Income, Large Remuneration and No Residing Requirement

SOLD

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

Complex Information

Marketing Agent
David Jiang
David Jiang

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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.
Listing location
Gallery

This Business is sold

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