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
Key Investment Insights
1. Verified solid net income of $170,001, confirmed by an industry specialist accountant.
2. Asking price $1,350,000 for the management right business plus manager residence.
3. Body Corporate salary of $137,335 with annual CPI-indexed increases, providing predictable revenue growth.
4. No living-on-site requirement, manager unit currently rented for $530 per week, offering flexibility and additional rental income.
5. Small letting pool of 20 units and 21 long-term agreements, indicating low turnover and stable tenancy.
6. Complex described as very popular with tenants and very well run, with all procedures documented, implying operational stability and easy handover.
7. Gated townhouse complex on a private leafy corner, enhancing security and appeal to tenants.
8. Excellent transport links, with on/off ramps to the M7 Ipswich Motorway (to Brisbane and Ipswich), multiple Translink bus services, and Redbank railway station under 1 kilometre away.
9. Prime local amenities within walking distance, including Redbank Plaza, Collingwood Park State School, and local parks.
10. Positioned opposite Jamboree Park, featuring golf course, playground, barbeque and boardwalk facilities, plus complex amenities including a lap pool and putting green.
11. Spacious separate office with no set office hours, supporting flexible management operations.
12. Suited to a family or semi-retired couple seeking a lifestyle-focused, steady-income ownership opportunity.
