Key Investment Insights
AI generated. Confirm details with the seller.
- Located in sought after and leafy Southwest suburb of Richlands with all the big name retailers on your doorstep; Short walk to Richlands Plaza and Woolworth in minutes, close to all the necessary amenities, dining, shopping, beauty&health and an easy stroll to Richlands Train Station; 15 min ride to Sunnybank Hills; 20 min to Garden City Westfield; 25 min to South Bank Parklands
- Well presented complexes
- Big nett income $272,345 annually
- Permanent management rights business
- Very well run business, all procedures documented
- No set office hours and well-presented on title office
- Investor complex in rental area, less owner-occupiers
- Body Corporate very good and supportive to work with
- Long agreement, still 23 years and 21 years left on agreements
- Great manager remuneration $130,387 with annual adjustment of CPI
- Complex very popular with renters, since ideal location and good rental
- Two spacious manager units, First - three bedrooms, two bathrooms, single garage and attached on title office; Second - three bedrooms, two bathrooms, double garage
- Extra rental income on second manager unit about $19,760 annually
- Simply, Neat and Tidy! Come and take a look we are sure you will be impressed!!!
- Book your inspection with NEXT exclusive agents.