Reedy Creek, Queensland

Rare Large Permanent Townhouse Complex in Gold Coast

Expression of Interest

Business Description

• Genuine buyers required
• Solid remuneration $265,000, 78% of the net income
• 48 units in letting pool with huge potentials for growth
• A great place for family, convenient to everywhere
• Easy access to M1
• In close proximity to reputable Gold Coast private schools

Business Summary

Business Snapshot

Price: Expression of Interest Net Profit: $340,000 Remuneration / Body Corp Salary: $265,000

Managers Unit

Value of Managers Apartment: $720,000Bedrooms: 3Bathrooms: 3Car Spaces: 4

Complex Information

Complex Type: PermanentTotal Units in Complex: 187Total Units in Letting Pool: 48Permanent Units: 48Pool: Yes

Marketing Agent

Leo Liu

0467 57....

Onsite Management Rights

Key Investment Insights

1. The complex has a solid remuneration of $265,000, which makes up 78% of the net income.
2. The complex has 48 units in the letting pool, with potential for growth.
3. The location is convenient for families and has easy access to the M1.
4. The complex is in close proximity to reputable private schools in the Gold Coast.
5. The managers unit has a value of $720,000 and features 3 bedrooms, 3 bathrooms, and 4 car spaces.
6. The complex is a permanent type, with a total of 187 units and 48 units in the letting pool.
7. The complex has a pool for residents to enjoy.

Management Rights Multiplier: 5.24
ROI Estimate: 19.10%