Mango Hill, Queensland
New Mango Hill OTP
Under Contract / Offer
Business Description
The Madison townhouse project by Ausbuild is located within the extremely popular, family-friendly suburb of
Mango Hill, being incredibly close to the excellent infrastructure of North Lakes as well as the bayside lifestyle
opportunities of the nearby Redcliffe Peninsula. Additionally, well-regarded primary, secondary and private
schools, as well as the Mango Hill East Train Station, are all situated within 3-5 minutes’ drive of the townhouse
complex.
New OTP
Please accompany any offer with your CV.
Experienced managers only please.
31 units all rented. ( There will be claw back) Town Houses
Please contact Robert Collins Exclusive Agent on ---------- or ----------
Business Summary
Business Snapshot
Price: Under Contract / Offer
Net Profit: $125,046 Remuneration / Body Corp Salary: $34,100
Complex Information
Complex Type: PermanentTotal Units in Complex: 31Total Units in Letting Pool: 31Agreement Term: 25 yearsAgreement Term Remaining: 25 years
Key Investment Insights
1. The Madison townhouse project by Ausbuild is located in the popular and family-friendly suburb of Mango Hill.
2. The project is in close proximity to the infrastructure of North Lakes and the bayside lifestyle opportunities of the Redcliffe Peninsula.
3. There are well-regarded primary, secondary, and private schools within a 3-5 minute drive of the townhouse complex.
4. The Mango Hill East Train Station is also conveniently located within a 3-5 minute drive.
5. The business is an off-the-plan opportunity (OTP) for experienced managers.
6. The complex consists of 31 units, all of which are currently rented.
7. The complex is a mix of townhouses.
8. Interested buyers are required to submit their CV along with their offer.
9. The net profit for the business is $125,046.
10. The remuneration/body corp salary is $34,100.
11. The complex is a permanent complex.
12. The agreement term is 25 years, with 25 years remaining.
13. The business is being sold by Robert Collins, an exclusive agent.