Kallangur, Queensland
Business Only, No Pool, No Gate! Solid Permanent MR Business in Brisbane Northside
$1,820,000
Business Description
- Asking $1,820,000
- Large Income $313,798, verified by industry specialist accountant
- Centrally located in the Leafy suburbs of Kallangur and Petrie, Brisbane Northside
10-minute drive to IKEA, North Lakes Westfield Shopping Mall, Costco, Bunnings and many more outlets.
25-minute drive to Brisbane Airport
30-minute drive to Brisbane CBD
- Two MRs in One for Sale, with a distance of 7 min riding, very handy
- Well- presented complex provides the perfect environment to relax in
- Very well-run business, all procedures documented
- Body Corporate very fantastic and supportive to work with
- Long agreement 22+ years left on a 25 years accommodation module
- Great remuneration $174,703 with annual adjustment of CPI
- 49 lettings in the pool in total
- The turnover of tenants is very low, keeping inspections and paperwork to a minimum
- No Gate, no Pool, no BBQ
- No Office Hours
- No Real Estate Associated
Book your private inspection with David Jiang from NEXT Realty!
Business Summary
Key Investment Insights
- Located in the leafy suburbs of Kallangur and Petrie, Brisbane Northside
- 10-minute drive to popular shopping destinations such as IKEA, North Lakes Westfield Shopping Mall, Costco, and Bunnings
- 25-minute drive to Brisbane Airport
- 30-minute drive to Brisbane CBD
- Two MRs in one for sale, with a distance of 7 minutes riding between them
- Well-presented complex with a relaxing environment
- Well-run business with documented procedures
- Supportive and fantastic Body Corporate
- Long agreement with 22+ years left on a 25-year accommodation module
- Great remuneration of $174,703 with annual CPI adjustments
- 49 lettings in the pool
- Low turnover of tenants, minimizing inspections and paperwork
- No gate, pool, or BBQ facilities
- No office hours
- No real estate associated with the business.
