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 townhouse project is located in the popular and family-friendly suburb of Mango Hill.
2. The project is close to the infrastructure of North Lakes and the bayside lifestyle opportunities of the Redcliffe Peninsula.
3. Well-regarded schools and a train station are within a short drive of the townhouse complex.
4. The project is a new off-the-plan development.
5. The business is suitable for experienced managers only.
6. All 31 units are currently rented out.
7. The complex is a permanent complex.
8. The agreement term is 25 years with 25 years remaining.
9. The net profit for the business is $125,046.
10. The remuneration/body corp salary is $34,100.
