Morayfield, Queensland
Good Permanent Management Rights with the BEST Manager Residence
$1,216,000
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
22 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
Key Investment Insights
1. High occupancy rate of 100%
2. Excellent condition and standard of tenants
3. Located in a high growth area with strong rental demand
4. Close proximity to major shopping centre and popular tourist destination
5. Facilities include gym, pool, visitor parking, and security gates
6. Long agreement with 22 years remaining
7. Caretaking and running costs supplied by Body Corp
8. Top of the range manager residence with 4 bedrooms, 2 bathrooms, and private pool
9. Large secure fenced block with garage and additional parking space
10. Quality fittings and easy care garden
11. Office attached to residence with separate entrance
12. Solid income and lifestyle business opportunity.
