Key Investment Insights
AI generated. Confirm details with the seller.
1. Permanent management rights with long-term security, 21 years remaining on agreements.
2. Exceptional manager residence, standalone four bedroom, two bathroom home with private pool, large secure fenced block and quality fittings.
3. Manager residence includes a two-car lock-up garage, additional concreted vehicle space and an attached office on title with separate entrance.
4. Complex built by Phillip Usher, units described as in excellent order, indicating low near-term capital expenditure on unit condition.
5. Occupancy 100 percent, reflecting strong demand and immediate, stable income.
6. Body Corporate covers caretaking and all running costs, reducing operational expenses for the owner-manager.
7. On-site facilities include gym, pool and adjoining common entertainment area, visitor parking, security gates and ample storage sheds, supporting tenant amenity and retention.
8. Located at the end of a quiet street, a short drive to the large Morayfield Shopping Centre and a few minutes from Morayfield railway station, enhancing tenant convenience.
9. Positioned in a high-growth suburb of Morayfield, strong rental market supported by employment opportunities and regional growth.
10. Proximity to regional attractions and transport, 30 minutes to Bribie Island and 44 kilometres north of Brisbane, appealing to both commuters and holiday renters.