Key Investment Insights
AI generated. Confirm details with the seller.
1. High Net Income of $274,752, verified by industry specialist accountant.
2. Great remuneration of $139,544 with annual increase of CPI every October.
3. Long-term Caretaker/Letting Agreements with 22+ years remaining (to 7 October 2047).
4. 52 units in the letting pool out of a total of 103 units in the complex.
5. Manager Residence is a large 4 bedroom, 2.5 bathroom, 2 car house with a large office on title.
6. Manager unit has been tenanted with a weekly rent of $600.
7. No office hours, only need to be contactable during normal hours.
8. Located in a family-friendly suburb with great schools, shopping centers, and parks.
9. Easy access to the M1, providing connections to urban hubs.
10. Peaceful and community-centered atmosphere.
11. Close proximity to Eagleby State School/Learning Centre, Eagleby South State School, Beenleigh State High School, and Trinity College Beenleigh.
12. Short drive to Brisbane CBD and Central Gold Coast.
13. Manager Residence and MR Business are being sold together for a total of $2,078,710.
14. Private inspections can be booked with David Jiang from NEXT Realty.