Harristown, Queensland
Newly Completed Business Only in the Heart of Toowoomba $325,000 No Facilities
$325,000 - Business Only
Business Description
Ras360 Property Solutions proudly presents Montecute, a business-only opportunity in Toowoomba, QLD. This 25-year Caretaking and Letting agreement comes with no set office hours and requires no real estate purchase.
Currently under construction and completely sold out, Montecute boasts a projected letting pool of thirty-three units based on current investor sales. With a projected net profit of $88k, the MRL Business Only is available for $325k.
Montecute will attract strong tenant demand due to the area's limited supply of new townhouses. Located on Drayton Road, Harristown, this stunning complex is moments away from essential amenities, including schools, cafes, and parks. The luxe, open-plan layouts offer expansive living spaces with entertainment areas, sophisticated kitchens with premium fittings, stylish bedrooms, and elegant bathrooms. On-site facilities include a BBQ area and open spaces, providing residents with a beautiful life balance where city convenience meets country tranquillity.
Montecute is an exceptional permanent MLR business in a prime location, making it an excellent choice for an established operator looking to expand their property portfolio.
**Ras360 – Specialists in Management Rights | Motels | Hotels | Pubs | Parks**
Business Summary
Business Snapshot
Price: $325,000 - Business Only
Net Profit: $88,484 Remuneration / Body Corp Salary: $39,600
Complex Information
Complex Type: PermanentTotal Units in Complex: 33Total Units in Letting Pool: 24Lockup Units: 9Agreement Term: 25 yearsAgreement Term Remaining: 25 years
Key Investment Insights
1. Newly completed business opportunity in Toowoomba, QLD.
2. Business-only opportunity with no set office hours and no real estate purchase required.
3. 25-year Caretaking and Letting agreement in place.
4. Projected letting pool of 33 units based on current investor sales.
5. Projected net profit of $88k.
6. Located in a prime location on Drayton Road, Harristown.
7. Moments away from essential amenities such as schools, cafes, and parks.
8. Luxe, open-plan layouts with premium fittings and on-site facilities.
9. Exceptional permanent MLR business in a high-demand area.
10. Suitable for an established operator looking to expand their property portfolio.
