Morayfield, Queensland

Good Permanent Management Rights with the BEST Manager Residence

MR $431k / 3.8 Times + MU $750k / 4 Beds House

Business Description

Great Complex
The Phillip Usher built units are in excellent order and the standard of the tenants is very high. The occupancy is 100%. This complex is in a high growth location just a short drive to the massive Morayfield Shopping Centre and 30 minutes to the ever popular Bribie Island.
This complex is located at the end of a quiet street just a few minutes drive from the giant Morayfield Shopping Centre and from the Morayfield railway station. This is a strong rental area because of continued growth and employment opportunities.
Facilities: Gym, Pool and adjoining common entertainment area, Visitor parking, Security gates, Ample storage sheds, No BBQ

Handy Location
Morayfield is a suburb of Caboolture, 44 kms north of Brisbane, the state capital of Queensland, Australia. Its local government area is the Moreton Bay Region.
Morayfield is a mostly residential area, consisting mainly of low-set brick homes and some semi-rural acreage. The main commercial area is concentrated along Morayfield Road and includes the Morayfield Shopping Centre, Bunnings, BCF and Harvey Norman to name but a few.
Morayfield railway station provides access to regular Queensland Rail services to Brisbane and Ipswich, as well as Caboolture and the Sunshine Coast.

Long Agreement
21 years left on agreements
The caretaking and all running costs are supplied by the Body Corp.

Great Manager Residence
A top of the range stand alone four bedroom, two bathroom residence on a large secure fenced block with a two car lock up garage plus a concreted vehicle space within the secure fenced area. Features include a formal lounge, an open plan kitchen/dining/family room which opens onto the private use swimming pool area. The large easy care garden is ideal for family and a pet. There are quality fittings throughout. The office is attached on title with a separate entrance to the residence.

If you want to buy a solid income and lifestyle business, it ticks all your boxes, please book your inspection immediately with our NEXT team.

Business Summary

Complex Information

Marketing Agent

David Jiang

0481500....

Next Business & Property Sales

Key Investment Insights

1. Permanent management rights with 21 years remaining on agreements offering long-term income visibility.
2. Manager residence is high-end, standalone four bedroom, two bathroom home with private use swimming pool, formal lounge, open plan living and quality fittings.
3. Residence includes an office on title with separate entrance, and secure fenced block with two car lock-up garage plus additional concreted vehicle space.
4. Complex built by Phillip Usher, units described as in excellent order, supporting lower short-term capital expenditure risk.
5. Occupancy is 100%, indicating stable cashflow and strong tenant demand.
6. Tenant profile described as high standard, reinforcing low turnover and management ease.
7. Body Corporate supplies caretaking and all running costs, reducing operational burden for the manager.
8. Resident facilities include gym, pool and adjoining common entertainment area, visitor parking, security gates and ample storage sheds.
9. Prime location at end of a quiet street, only minutes to Morayfield Shopping Centre and Morayfield railway station, enhancing tenant appeal and accessibility.
10. Situated in a high growth area with employment opportunities, approximately 44 km north of Brisbane and about 30 minutes to Bribie Island, supporting long-term demand.