Redland Bay, Queensland
Beautiful Bayside Lifestyle Business and Great Manager Residence
3.5 Times Business + Large House MU @ $1.68mil ONO
Business Description
MLR Business at $780,000 for Net Income $223,000 with $136,621 BC remuneration
Manager Residence is Large Stand-alone Low-set House at $900,000 as per Latest Valuation by Industry Valuer
- Located in the leafy, Bayside suburb of Redland Bay, about 1km to beach
- Conveniently close to shopping, restaurants, bus station and schools, 5 min walk to IGA Shopping Centre, 5 min ride to Victoria Point Mega Shopping Block, you have Coles, Woolworths, Aldi, Bunnings, Dan Murphy, cinema and all restaurants, everything as you want
- Well- presented complex provides the perfect environment to relax in
- Very well run business, all procedures documented
- A great manager remuneration $136,621 with annual adjustment of CPI
- The turnover of tenants is very low, keeping inspections and paperwork to a minimum
- Modern and fantastic manager residence with large land size
Freestanding single level house, a big living/dining area, spacious family room, modern and open plan kitchen, three bedrooms, two bathrooms, one separate toilet, double garage and a large rear patio and entertaining garden area
- Mins riding to Redland Bay State School and 15mins to Sheldon College
- Ideal for a family or semi-retired couple looking for a solid income and great lifestyle
This is a rare opportunity to purchase such a beautiful lifestyle permanent management right!
Come and take a look we are sure you will be impressed!
Business Summary
Key Investment Insights
1. Located in the desirable and sought-after suburb of Redland Bay, with easy access to the beach and amenities.
2. Close proximity to shopping, restaurants, schools, and public transportation.
3. Well-presented complex with a relaxing and peaceful environment.
4. Efficiently and professionally managed with all procedures documented.
5. Attractive manager remuneration of $136,621 with annual CPI adjustment.
6. Low turnover of tenants, minimizing inspections and paperwork.
7. Modern and spacious manager residence with a large land size.
8. Close to reputable schools, making it ideal for families.
9. Suitable for a family or semi-retired couple looking for a solid income and great lifestyle.
10. Rare opportunity to purchase a lifestyle permanent management right.
11. Beautiful and well-maintained complex that is sure to impress.
