Redbank Plains, Queensland
Large Permanent MR Business in Redbank Plains
$2,135k/MR Business & $780k/Manager House
Business Description
Nestled in the tranquil complex in Redbank Plains, this modern townhouse offers a perfect blend of comfort, convenience, and style.
The community places you in an epicentre which is a short drive to Brisbane and Orion Shopping Centre at Springfield and Costco at Bundamba.
Why people love living in the complex!
-Quick drive or walk to most amenities including Coles, Woolworths, cafes, and array of fast food restaurants
-In the highly desired catchment for Fernbrooke State School and Redbank Plains State High and close to private schools at Ipswich
-Local parks and playground
-Plenty of walking paths and mountain bike trails to explore
-Approximately 10 minutes to the Highway and 12 minutes to the Springfield Central Train Station
-Bus and train route is close by allowing access to the public transport network
-22 minutes to Ipswich and approximately 30 minutes to Brisbane
1).5 years old complex, very new
2).Net Income $388,078, verified by industry specialist accountant
3).Great remuneration $120,086 with annual increase of CPI every October
4).23+ years left on Caretaker/Letting Agreements (to 20 December 2048)
5).76 units in letting pool total in the complex
6).Manager Residence - A large 4/2.5/2 house, plus a detached office on title,
7).No requirement of residing onsite, manager unit has been tenanted with a weekly rent of $560
8).No offices hours, be contactable during normal hours
Asking for $2,135,000 on MR Business and $780,000 on Manager Residence
This is a rare opportunity to purchase such a lifestyle permanent management right business! Come and take a look. We are sure you will be impressed!
Business Summary
Key Investment Insights
1. Modern and tranquil complex located in Redbank Plains
2. Short drive to Brisbane and major shopping centres
3. Quick access to amenities such as Coles, Woolworths, cafes, and fast food restaurants
4. Highly desired catchment for schools
5. Local parks and playgrounds within the community
6. Plenty of walking paths and mountain bike trails to explore
7. Easy access to public transportation network
8. 5 years old complex with 23+ years left on Caretaker/Letting Agreements
9. Net Income of $388,078 verified by industry specialist accountant
10. Great remuneration of $120,086 with annual increase of CPI
11. 76 units in letting pool
12. Manager Residence includes a large 4/2.5/2 house and detached office on title
13. No requirement of residing onsite, manager unit currently tenanted with weekly rent of $560
14. No office hours, only need to be contactable during normal hours
15. Asking price of $2,135,000 for MR Business and $780,000 for Manager Residence
16. Rare opportunity to purchase a lifestyle permanent management right business.
