Pimpama, Queensland

BRAND NEW PERMANENT TOWNHOUSE COMPLEX IN THE GOLD COAST

$1,146,500

Business Description

This residential complex presents a perfect balance between natural beauty and architectural form. This beautiful collection of 60 premium terrace homes were architecturally designed to present the ideal in suburban living.

This productive tenant catchment area coupled with the signature quality and design that this developer is known for create a pool of residences consistently sought after by discerning tenants.

This complex comes with many advantages. To name a few

- Very manageable responsibilities
- No requirement to live on site
- Brand new complex
- Brand new contemporary three bedroom terrace home with 2.5 bathrooms, study nook and large office.
- Capital Gain opportunity with following projects.

Run this business while enjoying a quiet lifestyle in a peaceful community, an easy workload and a beautiful quality home.

Ask about the additional advantages for incoming managers with long term goals.

Business Summary

Business Snapshot

Price: $1,146,500 Net Profit: $140,400 Remuneration / Body Corp Salary: $60,000

Managers Unit

Value of Managers Apartment: $460,000Bedrooms: 3Bathrooms: 2Car Spaces: 2Office: On TitlePets OK: Yes

This delightful two storey townhouse was architecturally designed to offer convenience, quality and luxury. The heart of this home, the open plan kitchen is complemented by quality stone counters, stainless appliances and streamlined joinery. Which, along with the dining room look out into the patio and garden area. The home boasts of three bedrooms with two wonderfully designed bathrooms and a powder room for guests. The residence is equipped with a single lock up garage, an additional car space, a storage room for gardening equipment and a spacious office. Split type air conditioners have been installed in the masters bedroom, the living room and the office. This residence is an ideal home in which to enjoy a good lifestyle as well as run a thriving business.

Complex Information

Complex Type: PermanentTotal Units in Complex: 60Manager Units: 1Agreement Term: 25 yearsAgreement Term Remaining: 25 years

Marketing Agent

Kristine Lehmann

0412 20....

Lehmann Rights

Key Investment Insights

1. The business is a brand new permanent townhouse complex located in the Gold Coast.
2. The complex consists of 60 premium terrace homes that were architecturally designed for suburban living.
3. The developer is known for high-quality design and the complex is located in a productive tenant catchment area.
4. The complex offers manageable responsibilities and does not require the manager to live on site.
5. The complex is brand new, providing potential for capital gains.
6. The manager's unit is a contemporary three bedroom townhouse with 2.5 bathrooms, a study nook, and a large office.
7. The manager's unit is valued at $460,000 and is equipped with modern amenities such as stone counters, stainless appliances, and split type air conditioners.
8. The complex is a permanent type with a total of 60 units and a 25-year agreement term.
9. The remaining agreement term is also 25 years.
10. The business has a net profit of $140,400 and a remuneration/body corp salary of $60,000.
11. The manager's unit is pet-friendly.
12. The complex offers additional advantages for incoming managers with long-term goals.
13. The complex is ideal for those seeking a quiet lifestyle in a peaceful community with an easy workload.
14. The manager's unit also serves as a thriving business opportunity.

Management Rights Multiplier: 4.89
ROI Estimate: 20.45%