Key Investment Insights
AI generated. Confirm details with the seller.
1. Established management and letting rights business on Brisbane’s Northside, offered exclusively by RCA.
2. Business-only sale, there is no manager’s residence or office to purchase.
3. Covers 114 townhouse lots, providing a sizable management portfolio.
4. Property presents like new, indicating low immediate maintenance or refurbishment needs.
5. Business is already set up and operating, reducing start-up risk and transition time.
6. Permanent-only management model, eliminating holiday or short-term letting complexities.
7. Accountant-verified nett income of $205,643, offering clear demonstrated cashflow.
8. Agreements do not require office hours, providing operational flexibility.
9. Located close to private schools, a hospital, and dining precincts, supporting steady tenant demand.
10. Developed by Mirvac, signalling reputable developer quality and brand recognition.
11. Built in 2022, ensuring modern construction, amenities, and likely lower near-term capital expenditure.