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Redland Bay, Queensland

4 Year New Complex with NO Owner Occupied

$880,000

Property Description

• Rare to find. Quiet Bayside living with close proximity to all amenities.
• Long agreement. Just 4 year new complex.
• Close to ocean.
• Easy caretaking. No pool nor other facilities.
• No owner occupied.
• No set office hours.

Property Summary

Business Snapshot

Price: $880,000 Net Profit: $96,423 Remuneration / Body Corp Salary: $38,956

Managers Unit

Value of Managers Apartment: $430,000Bedrooms: 3Bathrooms: 2Car Spaces: 1Office: On Title

Complex Information

Complex Type: PermanentTotal Units in Complex: 31Total Units in Letting Pool: 27Permanent Units: 27Owner Occupy Units: 2Outside Agent Units: 1Agreement Term: 25 yearsAgreement Term Remaining: 22 years
Marketing Agent
Jodi Shore
Jodi Shore

Paul Wang
Paul Wang

Onsite Management Rights

Onsite Management Rights

Listing location
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Last update: 16th September 2021

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