Morayfield, Queensland

Good Permanent Management Rights with the BEST Manager Residence

SOLD

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
David Jiang

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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.
Listing location
Gallery

This Business is sold

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