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

Marketing Agent

Robert Collins

0404 67....

Ras360

Key Investment Insights

AI generated. Confirm details with the seller.

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.