Key Investment Insights
AI generated. Confirm details with the seller.
1. Permanent management rights offering long-term income stability, with 21 years remaining on the agreements.
2. Manager residence described as top of the range, standalone four bedroom, two bathroom home with private use swimming pool, quality fittings and an office attached on title with a separate entrance.
3. Manager residence includes secure fenced block, two car lock-up garage plus additional concreted vehicle space, and a large easy-care garden suitable for family and a pet.
4. Complex occupancy is 100%, indicating full tenancy and immediate cashflow.
5. Phillip Usher built units are in excellent order and tenant standard is reported as very high, implying low short-term capital expenditure and reliable residents.
6. Major facilities on site include a gym, pool and adjoining common entertainment area, visitor parking, security gates and ample storage sheds.
7. Caretaking and all running costs are supplied by the Body Corporate, reducing direct operating responsibilities for the manager.
8. Location is highly accessible, a few minutes’ drive to Morayfield Shopping Centre and Morayfield railway station, supporting tenant demand and convenience.
9. Positioned in a high-growth area with ongoing employment opportunities, supporting strong rental demand and capital growth potential.
10. Proximity advantages include being 44 kilometres north of Brisbane, 30 minutes to Bribie Island, and access to major retailers along Morayfield Road, enhancing lifestyle and marketability.