Mango Hill, Queensland
New Mango Hill OTP
SOLD
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: SOLD
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. Fully tenanted portfolio, 31 townhouses all currently rented, with all 31 units in the letting pool.
2. Net profit reported at $125,046, with a separate remuneration/body corporate salary line of $34,100.
3. Long-term operational certainty, 25-year agreement term with 25 years remaining.
4. Complex classified as permanent, indicating an established, ongoing asset rather than temporary stock.
5. Located in family-friendly Mango Hill, close to North Lakes infrastructure and the Redcliffe Peninsula lifestyle.
6. Strong local amenity access, with well-regarded primary, secondary and private schools within a 3–5 minute drive.
7. Excellent public transport connectivity, Mango Hill East Train Station within a 3–5 minute drive.
8. Project developed by Ausbuild, marketed as The Madison townhouse project, suggesting a recognised builder/developer brand.
9. Transactional note, listing marked SOLD, indicating the sale was completed or under contract.
10. Sale conditions require offers accompanied by a CV and target experienced managers, indicating operator replacement or hands-on management expectations; listing also warns of a potential claw back.
