Merrimac, Queensland

CARETAKING ONLY. NEW COMPLEX. LIVE OFF SITE OPTION

SOLD

Business Description

New 25 year Management Rights Agreement.

Body Corporate Salary of over $55,000 (ex-GST) per year.

Option for the purchaser, at their discretion, to accumulate a letting pool should they hold a Real Estate Licence. With an office on-site this would be such an advantage over your competition.

The brand new manager’s accommodation offers, stunning views from a spacious stand-alone house offers, 237m2, 4 bedroom, 3 balconies, 2.5 Bathroom, 2 Car accommodation with office attached for occupants/large family to enjoy. There is no need for the manager to live on site.

Positioned at the end of a peaceful cul-de-sac and nestled against a stunning bushland backdrop, this new townhouse development offers residents a green open space located in the heart of the community. Featuring BBQ and pool only with cleverly designed low maintenance gardens

All 42 townhouses have spectacular views whilst only 2 minutes from the M1, which will take residents to the Brisbane. A short drive to world class shopping precincts, hospitals, train station and first-class educational facilities, including ‘All Saints Anglican School’ within 3 km. Whilst Emmanual College and Somerset College are only a few minutes drive away.

Looking for a brand new house with stable income from the Body Corporate? Then this gem of a business with an excellent lifestyle on offer is for you!

Business Summary

Business Snapshot

Price: SOLD Net Profit: $55,000 Remuneration / Body Corp Salary: $55,000Body corp salary review: CPI Annually

Managers Unit

Bedrooms: 4Bathrooms: 3Car Spaces: 2Office: On TitlePets OK: Yes

Manager’s accommodation offers a spacious stand alone, 237m2, 4 bedroom, 2.5 Bathroom, 2 Car Villa with office attached for nominated occupants to enjoy.

Complex Information

Complex Type: PermanentTotal Units in Complex: 42Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 25 yearsPool: YesBBQ Area: Yes

Other Features / Notes

No requirement to live onsite

Marketing Agent

Bobo Qi

Property Bridge

Key Investment Insights

AI generated. Confirm details with the seller.

1. Management rights agreement for a brand new complex with a 25-year term.
2. Body corporate salary of over $55,000 per year (ex-GST).
3. Option for the purchaser to accumulate a letting pool if they hold a Real Estate Licence.
4. Advantage over competition with an on-site office.
5. Manager's accommodation offers stunning views and a spacious stand-alone house.
6. No requirement for the manager to live on site.
7. Peaceful location at the end of a cul-de-sac and nestled against a beautiful bushland backdrop.
8. Green open space and amenities such as BBQ and pool available for residents.
9. Convenient location, only 2 minutes from the M1 and close to shopping, hospitals, and educational facilities.
10. Stable income from the Body Corporate.
11. Manager's unit features 4 bedrooms, 3 bathrooms, 2 car spaces, and an office.
12. Pets allowed in the manager's accommodation.
13. Permanent complex with 42 units.
14. Accommodation agreement module with a 25-year term remaining.
15. Other features include no requirement to live on site.