Hillcrest, Queensland

Very New Complex, Solid Income and 25 years Permanent in Brisbane Southside

$996,868

Business Description

Convenient Location
Quality townhouses, conveniently located in a highly sought after position, close to everything, shops, schools, transportation… Very popular to renter
- Within walking distance to the express RSL bus station and Greenbank RSL, close to local schools and childcare and only minutes to Grand Plaza Shopping Town
- Take a short Ride to Calamvale Central and Sunnybank Hills Shopping Centre in 10 minutes
- Within good schools' catchment, St Bernardine's School, Regents Park State School, Browns Plains State School, and etc
- There is City Express Bus services within walking distance and access to The Logan Motorway is close by, making the commute to the Brisbane airport or city an easy 30min drive.

Easy Caretaking Work
Low workload caretaking work, no pool, no BBQ, no gate, small garden, easy job for one person

On Long Years Agreement to 9 September 2047 (Topped up to full 25 years in late 2022)
24+ Years agreement does give your peace of mind

Great Remuneration
$61,899 annually with CPI or 3% increase every Nov, which is greater

Standing Alone two-storey townhouse
Modern 3beds, 2.5 baths, double garage manager residence suits all the families' need

No Office Hours
Detached spacious on-title office, as your another study, no office hours

If you want to buy a solid management right business, it ticks all your boxes, please book your inspection immediately

Business Summary

Managers Unit

Complex Information

Marketing Agent
David Jiang
David Jiang

Next Business & Property Sales

Next Business & Property Sales

Key Investment Insights

Key Insights:

1. Convenient Location: The complex is located in a highly sought after position, close to shops, schools, and transportation. It is within walking distance to the express RSL bus station and Greenbank RSL, making it very convenient for residents.

2. Popular with Renters: The townhouses are in high demand among renters, making it a solid income-generating complex.

3. Good Schools Catchment: The complex is within the catchment of good schools such as St Bernardine's School, Regents Park State School, and Browns Plains State School, making it attractive to families with children.

4. Easy Caretaking Work: The caretaking work for this complex is low workload, with no pool, BBQ, or gate to maintain. This makes it an easy job for one person to manage.

5. Long Agreement: The complex is on a long 24+ year agreement, providing peace of mind for the buyer.

6. Great Remuneration: The complex offers a great remuneration of $61,899 annually, with CPI or 3% increase every November.

7. Modern Manager's Residence: The manager's residence is a modern two-storey townhouse with 3 bedrooms, 2.5 bathrooms, and a double garage, suitable for families.

8. No Office Hours: The complex has a detached spacious on-title office, eliminating the need for office hours.

9. Solid Investment: This complex is a solid investment for anyone looking to buy a management rights business, as it ticks all the boxes and offers a stable income.

10. Potential for Growth: With the complex being located in a popular and convenient location, there is potential for growth in rental demand and income.
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