Deception Bay, Queensland
3% Remuneration Increase and 24 Years Agreements! Simple and Safe!
SOLD
Business Description
Asking for $1,080,000 in total, including Manager Residence at $430,000
Net Income $135,921 with a great remuneration of $77,124 increased by 3% or CPI, which is greater
Easy caretaker work, minimal gardening and small pool
Conveniently located in a strong rental area just a few minutes drive to the Deception Bay Shopping Centre and just 8kms to the mighty North Lakes Shopping Centre, 6kms to American retail giant Costco's and Bunning's new stores. These new stores require a large number of retail staff making Deception Bay a stronger than ever rental location.
Just close to the Deception Bay Road which is a short drive to the Bruce highway to the west and the café and club precinct of Redcliffe to the east. Make all this your lifestyle.
The Manager's Residence is exceptional compared to any other three bed room Town House in this complex. Features Vertical blinds, 3 reverse cycle air conditioners, 7 ceiling fans-2 with lights.
Kitchen:
Caesar Stone bench tops
Extra under bench draws
Split cycle air conditioning
Large walk in pantry
Large combined living & dining room
Large under stairs storage
Bathrooms:
2.5 Modern quality en-suite plus family bathroom and separate toilet
Office:
Spacious front office/reception plus a smaller back office both with ample storage and reverse cycle air conditioning
Patio:
Large private patio/back yard which is tiled throughout. Entrances from the dining room and a private residence entrance gate. There are two covered outdoor dining areas. A large rain water storage tank with pressure system fits snugly along the boundary fence.
Bedrooms:
Three good sized bedrooms one currently used as an upstairs study.
A large double roller door garage with laundry completes this excellent Manager's Residence
Please book your inspection with our exclusive agents - David Jiang or David Janett.
Business Summary
Key Investment Insights
Key insights:
1. Strong rental area: The location of the business is in a strong rental area, with close proximity to shopping centers and major retail stores. This makes it an attractive location for potential tenants and ensures a steady stream of rental income.
2. Easy caretaker work: The business involves minimal gardening and a small pool, making it easy for the manager to maintain the property and ensuring low maintenance costs.
3. Manager's residence: The manager's residence is exceptional compared to other townhouses in the complex, with modern features and ample storage space. This adds value to the overall package and makes it an attractive option for potential buyers.
4. 3% remuneration increase: The business offers a great remuneration package with a 3% increase or CPI, whichever is greater. This provides a stable and potentially increasing income for the manager.
5. Long agreements: The business has 24 years agreements in place, providing long-term stability and security for the manager.
6. Convenient location: The business is conveniently located near major roads and amenities, making it an ideal location for tenants and providing easy access for the manager.
7. Exclusive agents: The business is being sold through exclusive agents, ensuring a professional and efficient sales process for potential buyers.
8. Book an inspection: Interested buyers are encouraged to book an inspection with the exclusive agents to view the property and discuss the details of the sale. This allows for a personalized and informative experience for potential buyers.
