Kedron, Queensland

Discover Business Only investment in the heart of Brisbane's suburbs

$1,245,000

Business Description

Hidden amidst the tranquil neighbourhoods of Brisbane awaits an extraordinary investment prospect, quietly nestled yet strategically situated just a mere 15 minutes apart. Embracing 58 meticulously crafted apartments, of which 43 units are presently part of the letting pool, this opportunity presents the appeal of effortless management. Notably, there are no rigid office hours to confine oneself to, nor is there a necessity to invest in further real estate. The responsibilities of caretaking are seamlessly manageable, with only minimal facilities to supervise, accompanied by a substantial Body Corporate salary.

Business Summary

Business Snapshot

Price: $1,245,000 Net Profit: $219,885 Remuneration / Body Corp Salary: $82,837

Managers Unit

Complex Information

Complex Type: PermanentTotal Units in Complex: 60Total Units in Letting Pool: 42Owner Occupy Units: 12Outside Agent Units: 2Agreement Term: 23 years

Marketing Agent

Paul Mueller

0439 25....

Ras360

Key Investment Insights

1. Prime investment opportunity in the heart of Brisbane's suburbs.
2. Tranquil and peaceful location.
3. 58 meticulously crafted apartments, with 43 units currently part of the letting pool.
4. Effortless management with no rigid office hours or need for additional real estate investments.
5. Substantial Body Corporate salary.
6. Minimal facilities to supervise.
7. Managers unit included.
8. Permanent complex type with a total of 60 units.
9. 23-year agreement term.
10. Potential for growth and increased profits.