Kallangur, Queensland

BUSINESS ONLY OPPORTUNITY - 200K PROFIT IN KALLANGUR

EXPRESSION OF INTEREST

Property Description

Kallangur is convenient to everything from shops to freeways to schools to North Lakes. It will soon be a very high profile suburb.

This management rights business is a solid investment with an option for business only opportunity. It has a stable income from body corporate remuneration and a healthy letting pool with potentials to grow.

Business highlights:

• Long agreement terms up to 2043
• NO set office hours
• NOT required to live onsite
• Easy care, low maintenance with no swimming pool and hedge duties

Property Summary

Business Snapshot

Price: EXPRESSION OF INTEREST Net Profit: $198,925 Remuneration / Body Corp Salary: $94,340

Managers Unit

Value of Managers Apartment: $469,000Bedrooms: 3Bathrooms: 2Car Spaces: 2

Complex Information

Complex Type: PermanentTotal Units in Complex: 61Total Units in Letting Pool: 49Permanent Units: 49Manager Units: 1Agreement Term: 25 yearsAgreement Term Remaining: 22 yearsPool: Yes
Marketing Agent
David Jia
David Jia

Onsite Management Rights

Onsite Management Rights

Listing location
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