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