Key Investment Insights
AI generated. Confirm details with the seller.
1. New management rights opportunity in Pallara, within one of Brisbane's fastest expanding residential corridors.
2. No manager's residence purchase required, significantly reducing initial capital outlay.
3. Secure 25 year caretaking and letting agreements, with the full term remaining.
4. Approximately 80% investor ownership, with 24 of 30 units in the letting pool and clawback and forward agreements in place.
5. Exclusive use of the manager's office and storage shed supports daily operations.
6. Modern, purpose built complex designed for efficient, manageable and low maintenance operations.
7. Listed net profit of $116,988 and body corporate remuneration of $33,000.