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
Key Investment Insights
Key Insights:
1. Convenient location: The complex is located in a highly sought after position, close to shops, schools, and transportation. This makes it popular among renters and ensures a steady income for the business.
2. Good schools' catchment: The complex is within the catchment of reputable schools, making it attractive to families with children.
3. Easy caretaking work: The workload for caretaking is low, with no pool, BBQ, or gate maintenance required. This makes it an easy job for one person to manage.
4. Long agreement: The complex has a long agreement in place, valid until 2047, giving the buyer peace of mind and stability for the business.
5. Great remuneration: The business offers a yearly remuneration of $61,899 with CPI or 3% increase every November, providing a steady and increasing income for the buyer.
6. Modern manager residence: The manager's unit is a modern 3-bedroom, 2.5-bathroom townhouse with a double garage, suitable for families.
7. No office hours: The spacious on-title office is detached from the manager's residence, allowing for a separate study space and no designated office hours.
8. Solid investment: Overall, this complex offers a solid investment opportunity for someone looking to buy a management right business, with all the necessary features and benefits in place.