Murrumba Downs, Queensland
Simply and Solid! Permanent GEM in Northside Brisbane
Caretaking Only MR + Morden Residence @ $1,025,000
Business Description
Asking $1,025,000 in total
MR Business $490,000 for a Remuneration Only business Income of $102,122
Three Beds Large Manager Residence for $535,000
This is an outstanding opportunity to buy management rights in Murrumba Downs on the ever popular Brisbane Northside. Located close to major arterial roads, trains and bus transport providing easy access to Brisbane and Airport.
- Conveniently located in the Leafy suburb of Murrumba Downs, Brisbane Northside, Close to Buses, Schools, Day Care, Parks & shops... Easy Access to Freeways, CBD, Brisbane Airport & much more;
Taking full advantage of Murrumba Down's unsurpassed lifestyle and proximity to North Lakes. Nothing is out of reach, including Westfield North Lakes, Ikea, Costco;
Close to excellent private and public primary and secondary schools, also a new university opening in nearby Petrie in 2020.
- Well- presented complex provides the perfect environment to relax in
- No lettings, no tenant hassles
- Body Corporate very fantastic and supportive to work with
- Long agreement 23 years left on a 25 years accommodation module
- Large manager remuneration $102,122 with annual adjustment of CPI every December
- Modern and fantastic manager residence, Large two storey house, a big living/dining area, spacious family room, modern and open plan kitchen, three bedrooms, two bathrooms, one separate toilet, double garage and a large rear patio and entertaining backyard area
- Well-presented on-title office, no office hour
- Ideal for a family or semi-retired couple looking for a solid income and great lifestyle
This complex is easily managed by one person part time, this business ticks all your boxes, Simple Really!!!
Please book your inspection now with Exclusive Agency - NEXT team!
Business Summary
Key Investment Insights
AI generated. Confirm details with the seller.
Key Insights:
1. Convenient location in the leafy suburb of Murrumba Downs on Brisbane Northside, with easy access to major arterial roads, public transport, and amenities such as Westfield North Lakes, Ikea, and Costco.
2. No lettings and no tenant hassles, providing a stress-free management experience.
3. Supportive and fantastic body corporate.
4. Long agreement with 23 years remaining on a 25-year accommodation module.
5. Large manager remuneration of $102,122 with annual CPI adjustments.
6. Modern and spacious manager residence with 3 bedrooms, 2 bathrooms, and a double garage.
7. Well-presented on-title office with no office hours.
8. Ideal for a family or semi-retired couple looking for a solid income and great lifestyle.
9. Easily managed by one person part-time.
10. Simple and solid business with a permanent GEM in a desirable location.
